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Exxon Entitled To $1B Refund On Foreign Sales, 5th Circ. Told

By Theresa Schliep (July 22, 2021, 4:34 PM EDT) -- Exxon Mobil Corp. is entitled to a $1.3 billion refund from the Internal Revenue Service because the agency misclassified some of its transactions in Qatar and Malaysia as mineral leases and not sales, the company told the Fifth Circuit....

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