November 19, 2014
The Fifth Circuit has denied a bid by Dow Chemical Co. to have the court rehear en banc its September decision that the company engaged in sham investment partnerships generating about $1 billion in bogus tax breaks.
October 28, 2014
Dow Chemical Co. urged the Fifth Circuit on Monday to reconsider its decision that it had engaged in sham investment partnerships generating about $1 billion in bogus tax breaks, arguing that the decision disrupted settled federal tax law.
September 10, 2014
The Fifth Circuit on Wednesday affirmed a lower court's ruling that Dow Chemical Co. had engaged in sham investment partnerships that the government claimed generated about $1 billion in bogus tax breaks, while issuing a partial remand that may open the chemicals giant to greater penalties.
April 21, 2014
The U.S. government told the Fifth Circuit on Thursday that Dow Chemical Co. should be subject to larger penalties for engaging in sham investment partnerships that prosecutors claim generated about $1 billion in bogus tax breaks.
November 21, 2013
Some Dow Chemical Co. entities urged the Fifth Circuit on Wednesday to overturn a district court ruling that the company entered two investment partnerships to create about $1 billion in phony tax deductions, saying tax law doesn't ban transactions that have tax and nontax benefits.