John Hancock Life Insurance Co. had no fiduciary duty to pass on to retirement plans $100 million in foreign tax credits that it had taken from taxes paid on foreign investments, a three-judge panel of the Eleventh Circuit said in upholding a lower court ruling.
11th Circ. Nixes ERISA Claim To John Hancock’s $100M Credit
by usoftax_admin | Oct 31, 2024 | Tax News