Liberty Global, Inc. v. USA
Case Number:
1:20-cv-03501
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Companies
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January 25, 2022
Foreign Income Deduction Rules Invalid, Telecom Tells Court
The U.S. Treasury Department lacked the authority to issue temporary regulations limiting deductions on repatriated earnings that Congress passed in the 2017 federal tax overhaul, telecommunications company Liberty Global told a Colorado federal court.
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January 12, 2022
Amicus Brief Denied In Foreign Income Deduction Rules Row
A Colorado federal judge denied a law firm's motion to file a brief in support of telecommunication company Liberty Global's challenge to temporary regulations limiting tax deductions on repatriated foreign earnings.
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January 05, 2022
Foreign Income Deduction Rules Contrary To Law, Firm Says
The U.S. Treasury Department shouldn't be permitted to limit deductions on repatriated foreign earnings with temporary regulations that exceed its statutory authority under federal law, which otherwise should allow those benefits, a law firm told a Colorado federal court.
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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.
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December 22, 2021
Fed. Gov't Defends Foreign Income Deduction Rules
The U.S. Treasury Department justifiably closed gaps under the federal tax overhaul when it issued regulations that limit deductions on repatriated earnings, government attorneys told a Colorado federal court Wednesday, arguing against telecommunications company Liberty Global's challenge to the rules.
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October 25, 2021
Telecom Asks Judge To Ax Foreign Income Deduction Rules
Telecommunications company Liberty Global asked a Colorado federal court to invalidate tax regulations that retroactively limit deductions on foreign earnings brought home from overseas, arguing that the U.S. Treasury Department overstepped its authority in rewriting the law.
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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.
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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.
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November 30, 2020
Telecom Seeks $109.3M Tax Refund On Foreign Income
The federal government owes $109.3 million in overpaid taxes and penalties to a Colorado telecommunications corporation after the government's erroneous, retroactive application of a provision in the 2017 federal tax overhaul, the company told a federal court.
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