FedEx says IRS drops Ground contractors from 2002 tax audit - Reuters
FedEx Corp said in a regulatory filing on Friday that the U.S. Internal Revenue Service had revised a employment tax audit notice against it for 2002 to drop assessment tied to FedEx Ground independent contractors, including those providing home delivery service.
In an e-mailed statement, a spokesman for the Memphis-based FedEx said the package delivery company was "pleased" with the outcome.
While similar issues remain under audit for calendar years 2004 through 2008, FedEx believes the same conclusion would be reached for those years too, the company said.
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