NetJets Inc, a private jet-sharing company owned by Warren Buffett's Berkshire Hathaway was sued for $366.3 million by the government to recover unpaid taxes, four months after NetJets sued the government for nearly twice as much, BusinessWeek reports.
Four NetJets units have "failed, neglected or refused" to pay excise taxes and related penalties between 2003 and 2009, according to the countersuit filed Thursday with the U.S. District Court in Columbus, Ohio, where NetJets is based.
Read more: http://www.businessweek.com/news/2012-03-09/buffett-s-netjets-is-countersued-by-u-dot-s-dot-over-unpaid-taxes
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