Offshore Drilling Co. Demands $70M Refund From IRS

By David Hansen · May 8, 2024, 1:11 PM EDT

The IRS wrongfully withheld $69.7 million in tax refunds to an offshore drilling company, despite acknowledging that the refunds are justified by net operating loss carrybacks authorized by a pandemic law...

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Documents

Case Information

Case Title

Ensco International Inc. v. United States of America

Case Number

4:24-cv-01674

Court

Texas Southern

Nature of Suit

Taxes

Date Filed

May 03, 2024