Feds Can't Reverse Fresenius' $95M FCA Tax Break

Law360, New York (July 18, 2013, 6:26 PM ET) -- A Massachusetts federal judge on Thursday denied the U.S.' bid to overturn a jury verdict allowing Fresenius Medical Care Holdings Inc. to deduct from its taxes $95 million of a total $385 million it paid to settle civil allegations that it defrauded government health care programs.

U.S. District Judge Douglas P. Woodlock rejected the government's argument that the money was not deductible because Fresenius had conceded  that no part of the settlement resolving civil False Claims Act violations was apportioned to compensatory damages in the settlement...
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Case Title

Fresenius Medical Care Holdings, Inc. (FMC) v. United States of America


Case Number

1:08-cv-12118

Court

Massachusetts

Nature of Suit

Taxes

Judge

Douglas P. Woodlock

Date Filed

December 21, 2008

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