CSX, et al v. USA
Case Number:
17-12961
Court:
Nature of Suit:
Sectors & Industries:
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November 21, 2018
Feds Can't Tax CSX Railroad Worker Benefits, 11th Circ. Says
The federal government cannot tax stock transfers and relocation benefits for railroad employees, according to an Eleventh Circuit decision handing a victory to CSX Corp. on Wednesday.
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January 29, 2018
CSX Seeks 11th Circ. Win In Relocation, Stock Options Row
CSX Corp. asked the Eleventh Circuit on Friday to reverse a lower court's decisions finding the railroad holding company owed the IRS almost $1.8 million in tax on employee relocation expenses and nearly $2.4 million on stock options, arguing the plain text and legislative history of railroad law favored not taxing those benefits.