BP could claim a massive tax write-off from Deepwater oil spill penalties

Grist
By Katie HerzogNov 19, 2015, 5:14 pm448 ptsHot
In the wake of the 2010 Deepwater Horizon disaster — in which 11 people died and nearly 5 million barrels of oil spilled into the Gulf of Mexico — BP agreed to pay $20.8 billion in penalties to Gulf states and other parties impacted by the disaster. Unless the Department of Justice takes action, BP…

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