MoneyGram Can't Claim $38M Tax Deduction, 5th Circ. Says

By Dylan Moroses · June 2, 2021, 1:30 PM EDT

MoneyGram International can't claim a $38 million tax deduction on millions in losses incurred during the Great Recession because the company doesn't qualify as a bank that provides deposit services, the...

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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