MoneyGram Can't Get Tax Break On $541M Loss, 5th Circ. Told

By Dylan Moroses · November 2, 2020, 3:18 PM EST

MoneyGram International should not receive larger tax deductions afforded to banks on $541 million in losses incurred during the Great Recession because it doesn't receive deposits from customers or make loans,...

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Documents

Case Information

Case Title

MoneyGram International v. CIR

Case Number

20-60146

Court

Appellate - 5th Circuit

Nature of Suit

Tax Court 

Date Filed

February 27, 2020