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Yahoo may have to pay taxes on US$23b Alibaba spinoff

Also, the value of the stake has nearly halved since it was announced in January

Bengaluru

YAHOO Inc may have to pay taxes on the US$23 billion it hopes to get from the planned spinoff of its stake in Alibaba Group Holdings, threatening a key element of Chief Executive Officer Marissa Mayer's turnaround strategy.

Yahoo said on Tuesday the US Internal Revenue...

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