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FedEx Asks 6th Circ. To Uphold $89M Foreign Tax Credit

By Kevin Pinner ( March 24, 2026, 4:30 PM EDT) -- FedEx is entitled to an $89 million tax refund because the U.S. Department of the Treasury lacked the authority to issue regulations disallowing foreign tax credits for offset earnings, the company told the Sixth Circuit, asking the court to uphold a lower court ruling....

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