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<blockquote data-quote="InsideUPS" data-source="post: 1101528" data-attributes="member: 31414"><p>Just to be clear on this issue.....the 2006 article below seems to indicate that UPS did end up paying $1.2 billion...even after the the 11[SUP]th[/SUP] Circuit in a 2-1 decision?????? You state that UPS got it back after that ruling... Do you know what year the money was returned to UPS? </p><p></p><p></p><p>However, the Court remanded the case to the Tax Court to determine the IRS� contention that UPS owed taxes under the laws relating to �reallocation� of revenues. Rather than submit that issue to trial, UPS agreed to settle that case in 2003 for $1.2 billion in back taxes, penalties and interest.</p><p></p><p></p><p><a href="http://www.parcelindustry.com/ME2/dirmod.asp?sid=&nm=Miscellaneous&type=Publishing&mod=Publications%3A%3AArticle&mid=8F3A7027421841978F18BE895F87F791&tier=4&id=BB2E4826DA624DE5AAC040CCA1F4BA75" target="_blank">The UPS-IRS Battle Continues | Articles & Archives | Miscellaneous |</a></p></blockquote><p></p>
[QUOTE="InsideUPS, post: 1101528, member: 31414"] Just to be clear on this issue.....the 2006 article below seems to indicate that UPS did end up paying $1.2 billion...even after the the 11[SUP]th[/SUP] Circuit in a 2-1 decision?????? You state that UPS got it back after that ruling... Do you know what year the money was returned to UPS? However, the Court remanded the case to the Tax Court to determine the IRS� contention that UPS owed taxes under the laws relating to �reallocation� of revenues. Rather than submit that issue to trial, UPS agreed to settle that case in 2003 for $1.2 billion in back taxes, penalties and interest. [url=http://www.parcelindustry.com/ME2/dirmod.asp?sid=&nm=Miscellaneous&type=Publishing&mod=Publications%3A%3AArticle&mid=8F3A7027421841978F18BE895F87F791&tier=4&id=BB2E4826DA624DE5AAC040CCA1F4BA75]The UPS-IRS Battle Continues | Articles & Archives | Miscellaneous |[/url] [/QUOTE]
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