FEDEX CORPORATION and SUBSIDIARIES v. United States of America
Case Number:
2:20-cv-02794
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Firms
Companies
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June 01, 2021
International Reg Challenges Unlikely To Settle, IRS Atty Says
Two lawsuits challenging regulations on two different statutes involving the taxation of repatriated earnings likely will not be settled before trial since both present new issues that have never been addressed before, an IRS attorney said Tuesday.
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February 22, 2021
IRS Properly Denied FedEx's $89M Tax Credit Refund, US Says
The IRS properly denied FedEx an $89 million refund the company claimed on foreign tax credits but could no longer deduct after regulations were implemented from the 2017 federal tax overhaul, the U.S. government told a Tennessee federal court.
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November 03, 2020
FedEx Sues Over $89 Million TCJA Transition Tax Dispute
FedEx sued the federal government in a Tennessee federal court over an $89 million refund, claiming the U.S. Treasury Department exceeded its authority by denying foreign tax credits on offshore income targeted by the 2017 federal overhaul's transition tax.
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