April 13, 2020
A commodities trader must answer the government's questions related to an oil spill fund into which the company paid $4.2 million in excise taxes if it wants a ruling on whether the levies are unconstitutional, a federal court has ruled.
March 02, 2020
A Texas commodities trader should be required to detail how it benefits from an oil spill recovery fund into which it paid $4.2 million in taxes that the company is now trying to recover, the U.S. has told a federal court.
January 17, 2019
Excise taxes totaling over $4.2 million that were paid on exported domestic oil are unconstitutional and must be refunded by the Internal Revenue Service, a Texas company has argued in a federal district court.