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1st Circ. Reverses Santander's $234M Foreign Tax Refund Win

By Vidya Kauri · December 16, 2016, 9:54 PM EST

The First Circuit overturned an earlier $234 million victory for Santander Holdings USA Inc. after ruling on Friday that an internal securities transaction the bank had engaged in lacked economic substance...

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Documents

Opinion

Case Information

Case Title

Santander Holdings USA, Inc. v. US

Case Number

16-1282

Court

Appellate - 1st Circuit

Nature of Suit

2870 Taxes (U.S. Plaintiff or Defendant)

Date Filed

March 18, 2016

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