IRS Secretly Targeted Some ESOPs, Court Told

By Anna Scott Farrell · August 22, 2024, 5:57 PM EDT

The Internal Revenue Service secretly promulgated rules that treat certain employee stock ownership plans as potentially abusive, an ESOP and its related parties told a Wisconsin federal court in accusing the...

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Case Information

Case Title

Daines et al v. Internal Revenue Service

Case Number

1:24-cv-01057

Court

Wisconsin Eastern

Nature of Suit

Other Statutes: Administrative Procedures Act/Review or Appeal of Agency Decision

Date Filed

August 21, 2024