FedEx Sues Over $89 Million TCJA Transition Tax Dispute

By Alex M. Parker · November 3, 2020, 6:14 PM EST

FedEx sued the federal government in a Tennessee federal court over an $89 million refund, claiming the U.S. Treasury Department exceeded its authority by denying foreign tax credits on offshore income...

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Case Information

Case Title

FEDEX CORPORATION and SUBSIDIARIES v. United States of America

Case Number

2:20-cv-02794

Court

Tennessee Western

Nature of Suit

Taxes

Date Filed

November 02, 2020