5th Circ. Denies Exxon $1B Tax Refund On Foreign Oil Deals

By Theresa Schliep · August 3, 2022, 4:25 PM EDT

The Fifth Circuit on Wednesday rejected Exxon Mobil's bid for a $1 billion tax refund for its oil-and-gas agreements with Qatar and Malaysia, finding they count as leases and not sales...

To view the full article, register now.