Exxon Lands Judge's Siding In Accounting Penalty Dispute

By Natalie Olivo · January 13, 2021, 9:02 PM EST

Exxon Mobil had a reasonable basis to contend it wasn't changing accounting methods when the oil giant recharacterized offshore mineral leases, a Texas federal judge ruled Wednesday, siding with the company...

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Case Information

Case Title

Exxon Mobil Corporation v. United States of America

Case Number

3:16-cv-02921

Court

Texas Northern

Nature of Suit

Federal Tax Suits: Taxes (US Plaintiff or Defendant)

Date Filed

October 18, 2016