Don't want ads? Subscribe or login now.

IRS Wrongly Nixed $25M Foreign Tax Credit, Suit Says

By William Gorta · June 6, 2016, 3:55 PM EDT

The Internal Revenue Service wrongly disallowed a $25 million credit for taxes paid long ago in Switzerland by a subsidiary of Ingersoll-Rand Co., the parent company claims in a federal lawsuit...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Documents

Complaint

Case Information

Case Title

Ingersoll-Rand Company & Subsidiaries v. United States of America

Case Number

3:16-cv-00289

Court

North Carolina Western

Nature of Suit

Taxes

Date Filed

June 03, 2016

Recent Articles By William

October 12, 2017
Atty Pleads Guilty In $3.4M Tax Evasion Scheme
October 11, 2017
Ex-Herrick Feinstein Atty Gets 2 Years For Tax Evasion
October 05, 2017
Rakoff Sets February Date For DMX Tax Fraud Trial
September 13, 2017
Eaton Denies Intent To Spin Off Unit In $3B Investor Suit
August 21, 2017
Citizens United Slams NY Donor-List Demand At 2nd Circ.
June 01, 2017
2nd Circ. Skeptical Of Arbitration Bid In Deutsche Tax 'Scam'
May 09, 2017
Fla. Real Estate Exec Gets $303M Judgment For Ponzi Scheme
May 04, 2017
FBI To Quiz Holland & Knight Duo In Energy Tax Credit Case
January 25, 2017
Quinn Emanuel Takes Over In $230M Russian Tax Fraud Suit
January 19, 2017
FedEx Gets OK To Fight Privilege Claims In Tobacco Suit