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Feds Banking On Diversion In Albemarle Case, Justices Told

By Jack Newsham (April 4, 2016, 4:22 PM EDT) -- Chemical maker Albemarle again told the U.S. Supreme Court that the Federal Circuit was wrong to toss its $826,000 foreign tax credit claim, saying in a recent brief that the lower court relied on a "diversionary" argument that foreign tax credits should be treated differently from deductions....

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