Medtronic Ruling Supports IRS In Amgen Case, Tax Court Told

By Natalie Olivo · June 18, 2026, 4:54 PM EDT

The IRS urged the U.S. Tax Court to back the agency's decision to allocate drugmaker Amgen's profits from the company's Puerto Rican subsidiary, arguing that the Eighth Circuit's ruling in Medtronic's case...

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