Judge Rules IRS Can't Collect Taxes From NetJets in Excise-Tax Dispute -Reuters
January 27 2015 - 3:49PM
Dow Jones News
A federal judge ruled that the Internal Revenue Service cannot
collect more than $500 million of taxes, penalties and interest it
was seeking from NetJets Inc., in a dispute related to excise
taxes, Reuters reported.
The judge also rejected a NetJets claim that it deserved a
$219.5 million refund plus interest on taxes it already paid,
Retuers reported.
Full story at
http://www.reuters.com/article/2015/01/27/berkshire-netjets-tax-decision-idUSL1N0V611Z20150127
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