Santander Wants Deduction After $234M Foreign Credit Loss

By Jimmy Hoover · August 28, 2017, 6:52 PM EDT

Santander Group's U.S. unit, which earlier this year lost its bid for $234 million in foreign tax credits relating to an international securities transaction, is now seeking tax deductions instead....

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Case Information

Case Title

Sovereign Bancorp, Inc. v. United States of America

Case Number

1:09-cv-11043

Court

Massachusetts

Nature of Suit

Taxes

Date Filed

June 17, 2009