Co. Can't Fight Unproven IRS Stock Plan Rule, Judge Says

By Anna Scott Farrell · September 23, 2025, 1:55 PM EDT

A company that claimed the Internal Revenue Service secretly passed a rule targeting its employee stock ownership plan failed to show the rule exists, a Wisconsin federal judge said in tossing the company's...

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Case Information

Case Title

Daines et al v. Internal Revenue Service

Case Number

1:24-cv-01057

Court

Wisconsin Eastern

Nature of Suit

Other Statutes: Administrative Procedures Act/Review or Appeal of Agency Decision

Date Filed

August 21, 2024