Exxon Mobil v. USA

  1. September 30, 2022

    5th Circ. Won't Rethink Exxon's $1B Tax Refund Bid

    The Fifth Circuit on Friday stood by its decision to reject Exxon Mobil's $1 billion tax refund bid for its oil-and-gas agreements with Qatar and Malaysia, declining to hear the company's contention that the ruling conflicts with the appellate court's precedent.

  2. September 19, 2022

    Exxon Asks 5th Circ. To Rethink $1B Tax Refund Bid

    Exxon Mobil on Monday asked the Fifth Circuit to reconsider its decision to reject the company's bid for a $1 billion tax refund for its oil-and-gas agreements with Qatar and Malaysia, contending the ruling conflicts with the appellate court's precedent.

  3. August 03, 2022

    5th Circ. Denies Exxon $1B Tax Refund On Foreign Oil Deals

    The Fifth Circuit on Wednesday rejected Exxon Mobil's bid for a $1 billion tax refund for its oil-and-gas agreements with Qatar and Malaysia, finding they count as leases and not sales since both countries maintained an interest in the extracted fuels.

  4. June 06, 2022

    5th Circ. Judge Looks Askance At Exxon's Tax Claim In $1B Suit

    A Fifth Circuit judge Monday questioned ExxonMobil's characterization of Qatari and Malaysian transactions as sales in its bid for a $1.3 billion tax refund, suggesting during oral arguments that certain economic benefits from the arrangements rendered the deals leases.

  5. May 12, 2022

    Seeking $200M Refund, Exxon Asks 5th Circ. To Ignore IRS Win

    Exxon Mobil told the Fifth Circuit on Thursday in its $200 million tax refund bid that a different appeals court incorrectly characterized a fuel mixture credit in denying an energy company a refund in a similar case, calling that decision "unpersuasive."

  6. February 04, 2022

    Exxon Owes $200M Penalty For Foreign Sales, 5th Circ. Told

    Exxon Mobil Corp. should pay a $200 million penalty for classifying transactions in Qatar and Malaysia as sales and not mineral leases to obtain favorable tax treatment, the U.S. government told the Fifth Circuit.

  7. November 15, 2021

    No $1.3B Refund For Exxon On Taxes Not Paid, 5th Circ. Told

    Exxon Mobil cannot claim $1.3 billion in refunds for excise taxes it never paid and sales it never made, the U.S. government told the Fifth Circuit, asking it to uphold a summary judgment from a Texas district court.

  8. July 28, 2021

    Trade Group Asks 5th Circ. To Grant Exxon $300M Fuel Credit

    A Texas federal court wrongly denied Exxon Mobil a $300 million refund in connection with a fuel excise tax credit, as receiving that credit shouldn't lead to an increased income tax liability, a trade association told the Fifth Circuit on Wednesday.

  9. July 22, 2021

    Exxon Entitled To $1B Refund On Foreign Sales, 5th Circ. Told

    Exxon Mobil Corp. is entitled to a $1.3 billion refund from the Internal Revenue Service because the agency misclassified some of its transactions in Qatar and Malaysia as mineral leases and not sales, the company told the Fifth Circuit.