FEDEX CORPORATION and SUBSIDIARIES v. United States of America

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Case overview

Case Number:

2:20-cv-02794

Court:

Tennessee Western

Nature of Suit:

Taxes

Judge:

Samuel H. Mays, Jr

Firms

Companies

Sectors & Industries:

  1. January 03, 2022

    International Tax Cases To Watch In 2022

    Courts will continue grappling this year with high-stakes cases brought by major U.S. multinationals that have accused federal tax authorities of overstepping, with disputes including FedEx's challenge to repatriation regulations and Facebook's fight against multibillion-dollar adjustments to its tax bill. Here, Law360 looks at eight key international tax cases to follow in 2022.

  2. July 09, 2021

    4 International Tax Cases To Watch In 2021's 2nd Half

    The second half of 2021 could bring important developments in tax litigation involving major U.S. multinationals, including Coca-Cola’s fight against its $3.3 billion transfer pricing loss and FedEx’s claim that the U.S. Treasury Department overstepped its authority in repatriation regulations. Here, Law360 looks at four key international tax cases to follow during the rest of the year.

  3. June 01, 2021

    International Reg Challenges Unlikely To Settle, IRS Atty Says

    Two lawsuits challenging regulations on two different statutes involving the taxation of repatriated earnings likely will not be settled before trial since both present new issues that have never been addressed before, an IRS attorney said Tuesday.

  4. February 22, 2021

    IRS Properly Denied FedEx's $89M Tax Credit Refund, US Says

    The IRS properly denied FedEx an $89 million refund the company claimed on foreign tax credits but could no longer deduct after regulations were implemented from the 2017 federal tax overhaul, the U.S. government told a Tennessee federal court.

  5. November 03, 2020

    FedEx Sues Over $89 Million TCJA Transition Tax Dispute

    FedEx sued the federal government in a Tennessee federal court over an $89 million refund, claiming the U.S. Treasury Department exceeded its authority by denying foreign tax credits on offshore income targeted by the 2017 federal overhaul's transition tax.