3M Company v. Commissioner of Internal Revenue

  1. February 15, 2024

    Chamber, Others Back 3M In Transfer Pricing Appeal

    The Eighth Circuit should set aside transfer pricing regulations from the U.S. Treasury Department that reallocated $23 million of income from 3M's Brazilian affiliate to the parent company, three trade associations told the court in amicus briefs.

  2. February 14, 2024

    Tech Group Backs 3M In 8th Circ. Transfer Pricing Appeal

    A tax group representing multinational tech companies urged the Eighth Circuit to overturn a U.S. Tax Court ruling that found 3M Co. owed taxes stemming from an additional $23 million in income reallocated from its Brazilian affiliate, saying the decision wrongly upheld transfer pricing regulations that were improperly enacted.

  3. January 03, 2024

    8th Circ. To Weigh In On 3M's Fight Over Income Allocations

    The Eighth Circuit will hear 3M's challenge to a U.S. Tax Court ruling that sustained a $23 million income reallocation from the company's Brazilian affiliate under contested regulations.