High Court Won't Hear Pa. Utility's $199M Tax Refund Row

By Yvonne Juris · June 18, 2018, 4:18 PM EDT

The U.S. Supreme Court on Monday turned down a Pennsylvania utility's challenge to a Third Circuit ruling that denied the company a $199 million capital loss deduction on the sale of...

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Case Information

Case Title

Duquesne Light Holdings, Inc. & Subsidiaries, Petitioner v. Commissioner of Internal Revenue

Case Number

17-1151

Court

Supreme Court

Nature of Suit

tax court 

Date Filed

February 16, 2018