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Manifart trial " Tax expert Welch said he also looked at the income that was never brought into the United States. He said he was "conservative" in what he allowed as possible business expenses — including 132,000 euros to a yacht company, $49,000 for an Italian villa rental, $45,000 for cosmetic dentistry and $19,800 for a riding academy — because he heard "no testimony" explaining their purpose.
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