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Sunoco Downplays Cost To Gov't In $306M Fed. Circ. Tax Row

Law360, Washington (February 6, 2018, 4:18 PM EST) -- Sunoco urged a Federal Circuit panel in oral arguments Tuesday to revive its bid for a $306 million tax refund, arguing the government has “drastically overstated” the harm Sunoco's calculation of an alcohol-fuel subsidy into its final tax bill would impose on federal tax collections.

Sunoco is trying to claw back a portion of the taxes it paid between 2005 and 2008, a move already rejected by a U.S. Court of Federal Claims judge. At issue is the Alcohol Fuel Mixture credit, which Sunoco received to offset...
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Case Information

Case Title

Sunoco, Inc. v. US


Case Number

17-1402

Court

Appellate - Federal Circuit

Nature of Suit

206 Tax - Excise

Date Filed

December 22, 2016

Law Firms

Companies

Government Agencies

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