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Railroad Co. Tells Claims Court US Owes It $26M In Refunds

By Amy Lee Rosen (October 1, 2018, 6:04 PM EDT) -- The Union Pacific Railroad Co. has told the Court of Federal Claims that the U.S. government owes it more than $26 million in refunds for tax overpayments because the Internal Revenue Service failed to apply a net interest rate of zero to certain overlapping periods of mutual indebtedness when there were overpayments and underpayments....

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