The U.S. Supreme Court on Wednesday reversed a Tenth Circuit decision allowing the bankruptcy trustee of a defunct Utah company to claw back $145,000 in federal taxes, saying the sections of the Bankruptcy Code relied upon by the trustee provide only a limited waiver of sovereign immunity.
Justices Rule Ch. 7 Trustee Can’t Recover Tax Payments
by usoftax_admin | Mar 26, 2025 | Tax News