tax asset News

American International Group Inc. (AIG) has hired Clarissa Potter, former deputy chief counsel at U.S. Internal Revenue Service and former law professor, as deputy tax director. In this role, Potter will be responsible for AIG’s global tax planning, including continued …

Bailed-out insurer American International Group Inc. set up a plan to protect tens of billions of dollars in valuable tax assets by discouraging investors from taking large new positions in the company. As of year-end, AIG had what is known …