John Hancock Life Insurance Co. clients urged an Eleventh Circuit panel on Thursday to reverse a lower court’s ruling that the company didn’t breach a fiduciary duty when $100 million worth of foreign tax credits wasn’t passed through to them, saying the transaction diminished the value of their retirement accounts.
John Hancock Clients Owed Tax Credit Perk, 11th Circ. Told
by usoftax_admin | Jan 25, 2024 | Tax News
