8th Circ. Reverses IRS Win In 3M Transfer Pricing Case

By Natalie Olivo · October 1, 2025, 12:54 PM EDT

The Eighth Circuit reversed a U.S. Tax Court ruling Wednesday that backed the Internal Revenue Service's decision to reallocate nearly $24 million of 3M Co.'s Brazilian income, holding that the transfer pricing...

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Case Information

Case Title

3M Company v. Commissioner of Internal Revenue

Case Number

23-3772

Court

Appellate - 8th Circuit

Nature of Suit

Agency 

Date Filed

December 29, 2023