Ford Motor Company v. US
Case Number:
17-2360
Court:
Nature of Suit:
200 Tax - Allowance of Interest
Companies
Sectors & Industries:
-
November 09, 2018
Fed. Circ. Affirms IRS Denial Of $20M Interest For Ford
Ford Motor Co. once again lost out on a bid for more than $20 million in interest on a tax overpayment when the Federal Circuit agreed with a lower court Friday that a higher interest rate on tax underpayments by a foreign subsidiary cannot apply to the overpayment.
-
May 02, 2018
Ford Subsidiary Deserves $20M Refund, Fed. Circ. Told
The Ford Motor Co. argued before the Federal Circuit on Wednesday that one of its subsidiaries was unfairly levied and the company was entitled to a $20 million refund of interest paid because it should be considered as the same taxpayer.