Multinational conglomerate 3M reiterated Friday its bid for the Eight Circuit to reverse a U.S. Tax Court decision allowing the IRS to allocate nearly $24 million from the company’s Brazilian affiliate, arguing the agency’s adjustment relied on substantively invalid regulations.
3M Tells 8th Circ. IRS Used Invalid Regs For $24M Allocation
by usoftax_admin | May 31, 2024 | Tax News