IRS Asks 3rd Circ. To Uphold $100M Bill Against Hedge Fund

By Natalie Olivo · January 13, 2026, 3:01 PM EST

The Internal Revenue Service urged the Third Circuit to uphold a $100 million tax bill against a Cayman Islands hedge fund, arguing that the fund's U.S.-based investment manager carried out a...

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Documents

Case Information

Case Title

Ya Global Investments, et al v. Commissioner of Internal Revenue

Case Number

25-1766

Court

Appellate - 3rd Circuit

Nature of Suit

Date Filed

April 28, 2025