IRS says Fedex owes $319 mln in back taxes: filing

Discussion in 'The Latest FedEx Headlines' started by cheryl, Dec 23, 2007.

  1. cheryl

    cheryl I started this. Staff Member

    IRS says Fedex owes $319 mln in back taxes: filing - Yahoo

    Fedex Corp said on Friday that the U.S. Internal Revenue Service found that its FedEx Ground independent contractors should be reclassified as employees for tax purposes and that the company faced related taxes and penalties of more than $319 million for 2002.