Sears, Citibank Lose $1.2M Sales Tax Case In Vt. Top Court

By Jack Newsham (June 17, 2016, 7:05 PM EDT) -- Vermont's highest court on Friday rejected a bid by Citibank Citibank (South Dakota) NA and Sears Roebuck & Co. to get $1.2 million in sales taxes incurred by deadbeat customers refunded, saying that there is "no logical reason" to arguments by the bank and retailer that they should be considered a single entity that can take advantage of a tax write-off....

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