August 10, 2018
The Second Circuit rejected a tax claim for an overpayment of $2.1 million by the publisher of Reader's Digest Friday, saying the suit was time-barred because the deduction the publisher was trying to claim could not utilize a 10-year statute of limitation period.
May 24, 2018
A Second Circuit panel asked during oral arguments Wednesday why the government would give taxpayers such as Trusted Media Brands Inc. a 10-year period to choose between using foreign tax payments as a credit or a deduction but only three years to claim the credits on their returns.
March 08, 2018
The publisher of Reader's Digest has slammed the government's argument against its bid to recover $2.1 million in tax deductions, telling the Second Circuit that the government's position was arbitrary and contrary to statutory language.
February 21, 2018
The government asked the Second Circuit on Tuesday to affirm a New York federal court's dismissal of a $2.1 million tax refund suit by the publisher of Reader's Digest, saying the company's request for a refund came too late.
January 11, 2018
The publisher of Reader's Digest urged the Second Circuit on Wednesday to revive its bid to recover an alleged tax overpayment of more than $2.1 million, arguing that a New York federal court had interpreted the relevant refund statute too narrowly.