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Railroad Trade Group Backs Union Pacific In $75M Tax Case

By Natalie Olivo (October 26, 2016, 6:26 PM EDT) -- The Association of American Railroads urged the Eighth Circuit on Tuesday to revive Union Pacific's bid for a refund of nearly $75 million worth of taxes on various stock options and union member payments to railroad employees, arguing that Congress intended for special treatment of railroads regarding the taxes at issue....

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