The U.S. government sued the Federal Deposit Insurance Corp. in D.C. federal court as receiver for the failed First Republic Bank, alleging the bank understated its withholding tax for U.S.-sourced income of foreigners and now owes almost $2 million to the federal government.
Feds Sue FDIC For $1.9M For First Republic Tax Bill
by usoftax_admin | Mar 10, 2025 | Tax News