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U.S. top court rejects challenge to IRS denying foreign tax credits
March 7, 2016 by creative · Leave a Comment
The U.S. Supreme Court on Monday rejected bids by three companies to recoup hundreds of millions of dollars in foreign tax credits denied by the Internal Revenue Service as the tax agency tries to curb corporate abuse of such credits. The high court left in place lower court rulings in favor of the U.S. government in cases involving American International Group Inc,
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U.S. top court rejects challenge to IRS denying foreign tax credits
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Supreme Court rejects Apple e-books price-fixing appeal
March 7, 2016 by publisher · Leave a Comment
By Lawrence Hurley WASHINGTON (Reuters) – The U.S. Supreme Court on Monday declined to hear Apple Inc's challenge to an appellate court decision that it conspired with five publishers to increase e-book prices, meaning it will have to pay $450 million as …
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Supreme Court rejects Apple e-books price-fixing appeal