December 17, 2015
The Internal Revenue Service on Wednesday asked an Illinois federal judge to reject three Canadian National Railway Co. subsidiaries' call for a $13.3 million refund for taxes paid on employee stock options, saying that the options constitute taxable income.
October 29, 2015
Three rail carriers urged an Illinois federal judge to force the Internal Revenue Service to pay a $13.3 million refund of taxes paid on employee stock options on Wednesday, arguing that the options are not taxable compensation under federal law.