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Medtronic Pushes Tax Court For $581M Refund In IP Dispute

By Erica Teichert (October 7, 2014, 1:29 PM EDT) -- Medtronic Inc. urged the U.S. Tax Court on Monday to determine that its royalty and licensing agreements with its Puerto Rico subsidiary were arm's length deals that shouldn't be included in its taxable income, maintaining that it overpaid its 2005 and 2006 taxes by more than $581 million....

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