Chamber of Commerce of the United States of America et al v. Internal Revenue Service et al

  1. November 27, 2017

    Treasury, IRS Appeal Invalidation Of Anti-Inversion Rule

    The U.S. Department of the Treasury and the Internal Revenue Service announced on Monday that they are appealing a Texas federal court's decision to invalidate the anti-inversion rule that sank a planned $160 billion merger between Pfizer Inc. and Irish counterpart Allergan PLC.

  2. October 01, 2017

    IRS Anti-Inversion Rule That Sank Pfizer Deal Struck Down

    A Texas federal court on Friday invalidated the anti-inversion rule that sank a planned $160 billion merger between Pfizer Inc. and Irish counterpart Allergan PLC, saying it was unlawfully implemented without giving the public enough notice or time to comment.

  3. May 04, 2017

    Chamber Blasts IRS' Case Citation In Inversion Rule Row

    The U.S. Chamber of Commerce on Wednesday slammed the Internal Revenue Service's effort to introduce a federal court's April ruling upholding disclosure requirements for participants in certain alleged tax shelter schemes into its suit over a controversial corporate inversion rule, saying the case is irrelevant to the instant dispute.

  4. February 22, 2017

    Chamber Rebuts IRS, Says Inversion Rule Needs Ax, Not Fix

    The U.S. Chamber of Commerce on Tuesday rejected the IRS assertion that a Texas federal court should let the government revise last year's controversial inversion rule even if loses, maintaining that the rule needs to die outright.

  5. February 15, 2017

    US Wants New Shot At Inversion Rule If It Loses Challenge

    The U.S. government asked a Texas federal court on Wednesday to consider sending a tax rule meant to combat corporate inversions back to the U.S. Treasury Department rather than vacating it if the U.S. Chamber of Commerce’s challenge of the rule is successful.

  6. January 13, 2017

    Manufacturer Group OK'd To Fight IRS Anti-Inversion Rule

    Despite objections from the IRS, the National Association of Manufacturers got the green light from a Texas federal judge Thursday to fight a recent anti-inversion rule and argue that the agency violated its legal obligations to solicit public comments.

  7. November 15, 2016

    IRS Aims To Block NAM Brief In Anti-Inversion Rule Fight

    The Internal Revenue Service slammed the National Association of Manufacturers for trying to weigh in on a suit over a recent corporate inversion rule, arguing Tuesday in Texas federal court that the claims not only come too late but are also nearly identical to those already made.

  8. November 09, 2016

    Chamber Of Commerce, IRS Clash On Anti-Inversion Rule

    The U.S. Chamber of Commerce slammed the Internal Revenue Service's bid to toss its suit over a rule meant to combat corporate inversions, arguing Tuesday in Texas federal court that it has standing to bring a suit on behalf of its members, which suffered injury in this case.

  9. October 12, 2016

    Treasury's Inversion Rule Undermines Tax Law, Chamber Says

    The U.S. Department of the Treasury exceeded its authority and failed to give U.S. businesses required notice of an "arbitrary and capricious departure" from prior policy when it passed a rule meant to thwart corporate inversions, the U.S. Chamber of Commerce told a Texas federal court on Tuesday.

  10. August 04, 2016

    US Chamber Challenges Anti-Tax Inversion Rule

    The U.S. Chamber of Commerce filed suit against the IRS, the Treasury Department and their respective heads in Texas federal court Thursday seeking to overturn the April tax rule that killed the $160 billion Pfizer-Allergan merger, calling it a violation of administrative procedure that threatens the rule of law.