Kroger Pays Tax Settlement in Fraud Probe

Kroger Co. here took millions of dollars in deductions through what was revealed to be a bogus tax shelter, federal authorities said.

CINCINNATI — Kroger Co. here took millions of dollars in deductions through what was revealed to be a bogus tax shelter, federal authorities said.

According to U.S. Department of Justice, Kroger claimed more than $178 million in loss deductions between 2002 and 2004 through a tax shelter known as the Sale Leaseback of Tenant Improvements Strategy (SLOTS), causing more than $64 million in tax losses to the Internal Revenue Service. Kroger was not aware of the scheme, according t

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