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United to pay $21.6 million in back taxes

SilentWarrior

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The city and county of Denver has reached a settlement with United Airlines to collect $21.6 million in back taxes.

If approved, the deal reached Thursday assures that the city can collect the taxes incurred between July 2000 and June 2004. In return, the city agreed not to oppose United's plan to emerge from bankruptcy.

Of the total, $15.9 million will go to Denver's general-fund reserve, City Attorney Cole Finegan said.

Denver Post
 

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