Altera Corporation & Subsidiaries, Petitioner v. Commissioner of Internal Revenue

  1. June 22, 2020

    Justices Won't Hear Altera's Cost-Sharing Regs Challenge

    The U.S. Supreme Court refused Monday to hear a closely watched challenge against transfer pricing regulations brought by Intel subsidiary Altera, leaving intact a Ninth Circuit ruling that found the Treasury Department was justified in issuing its cost-sharing rules.

  2. June 01, 2020

    High Court Urged To Curb Broad Agency Deference In Altera

    The Ninth Circuit's decision to uphold IRS regulations that required Altera to share costs of stock options in a research agreement with an affiliate "expands agency deference far beyond the breaking point," the company told the Supreme Court on Monday.

  3. March 16, 2020

    Accounting Firms Urge Justices To Hear Altera Cost-Sharing Case

    Major accounting firms on Monday asked the U.S. Supreme Court to hear chipmaker Altera's challenge against the Ninth Circuit's decision to uphold cost-sharing regulations, arguing that the ruling has sown confusion and could increase the number of transfer pricing disputes.  

  4. March 13, 2020

    Ex-Tax Officials Urge Justices To Hear Altera's Cost-Sharing Case

    Eighteen former tax officials from 14 countries urged the U.S. Supreme Court Friday to hear Altera's challenge to cost-sharing regulations, expressing alarm at a ruling that allowed the IRS to disregard evidence of comparable transactions in a transfer pricing case. 

  5. March 12, 2020

    Facebook, Apple Urge Justices To Hear Cost-Sharing Case

    Apple, Facebook and other tech giants asked the U.S. Supreme Court on Thursday to hear Altera's challenge to cost-sharing rules, saying the Ninth Circuit's decision to uphold the regulations upended settled tax law and will cost companies billions of dollars.

  6. March 11, 2020

    Justices Give More Time For Gov't Response To Altera

    The U.S. Supreme court on Wednesday gave the government an extra month to respond to a petition from chipmaker Altera Corp. challenging the U.S. Treasury Department's cost-sharing rules. 

  7. March 09, 2020

    Altera Ruling Makes Transfer Pricing Uncertain, Justices Told

    The National Association of Manufacturers and other trade groups have asked the U.S. Supreme Court to hear chipmaker Altera's challenge to cost-sharing rules, arguing that the Ninth Circuit's decision to uphold the regulations introduces uncertainty to long-held transfer pricing norms.