September 06, 2022
An Oklahoma federal court rejected an energy company's attempt to avoid paying $12.6 million in tax interest on Tuesday but signaled the company could reduce the bill based on arguments that the IRS used the incorrect figures in its calculations.
April 11, 2022
An Oklahoma federal court should reject an oil company's bid for a refund of $12.6 million in tax interest, the U.S. contended, saying a settlement between the Internal Revenue Service and the business didn't bar the assessment.
September 15, 2020
The Internal Revenue Service inappropriately slapped an Oklahoma-based oil company with a $12.6 million charge for tax interest after reneging on an agreement the sides had brokered, the company told an Oklahoma federal court Tuesday.