10th Circ. Judges Skeptical Of Bats' $9M Software Deduction

By Theresa Schliep · May 19, 2023, 6:00 PM EDT

Two Tenth Circuit judges seemed skeptical during oral arguments of Bats Global Markets' $9.1 million in claimed domestic production activity deductions on billions in customer fees, suggesting its pricing structure could...

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Case Information

Case Title

Bats Global Markets Holdings v. CIR

Case Number

22-9002

Court

Appellate - 10th Circuit

Nature of Suit

Tax Court (agency) 

Date Filed

August 19, 2022