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Judge Unlikely To Find Eaton's Debt To Parent Wasn't Real

By Molly Moses ( November 19, 2025, 8:28 PM EST) -- A U.S. Tax Court judge said Wednesday that he's unlikely to find that the intercompany debt U.S.-based Eaton Inc. owed its Irish parent was unreal and should be recharacterized as equity, all but dismissing an alternative argument raised by the Internal Revenue Service....

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