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HOVENSA, LLC v. Virgin Islands Bureau of Internal Revenue
Case Number:
3:15-cv-00026
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January 15, 2016
Hess, Virgin Islands Agree To Toss $12B Tax Deduction Suit
A Hess Corp. Virgin Islands subsidiary and the islands' Bureau of Internal Revenue have reached an agreement to dismiss the company's lawsuit over $12 billion in disputed tax deductions, according to a court document filed by the company Friday.
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June 16, 2015
Hess Says $12B Virgin Islands Tax Adjustment Came Too Late
A Hess Corp. Virgin Islands subsidiary on Monday asked a federal court to throw out an adjustment to a partnership tax return that disallowed $12 billion in deductions, saying the statute of limitations on the adjustment had expired.