AIG Blasts IRS Economic Substance Claims In $306M Tax Row

By Ama Sarfo · October 17, 2014, 5:08 PM EDT

American International Group Inc. on Tuesday bashed the IRS for alleging that several transactions AIG used for foreign tax credits lacked economic substance, telling the Second Circuit the doctrine doesn't apply...

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Case Information

Case Title

American International Group, v. United States of America

Case Number

14-765

Court

Appellate - 2nd Circuit

Nature of Suit

2870 STATUTES-Tax Suits

Date Filed

March 17, 2014