4th Circ. Rejects BofA's Claim Of Tax Offsets After Mergers

By Anna Scott Farrell · July 29, 2025, 3:46 PM EDT

Bank of America cannot use its tax overpayments to offset interest on tax underpayments by Merrill Lynch just because the two companies later merged, the Fourth Circuit affirmed Tuesday in a...

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Documents

Case Information

Case Title

Bank of America Corporation v. US

Case Number

23-2319

Court

Appellate - 4th Circuit

Nature of Suit

2870 Tax Suits

Date Filed

December 29, 2023