IRS defends its position in FedEx lawsuit
FedEx has filed a lawsuit against the IRS over the way the agency is interpreting a federal law deaing with foreign tax credits. (Courtesy FedEx)
If FedEx wins the case, it could lead to changes in the way multinational companies are charged on income earned overseas.
Topics
FedEx income taxes
Blake Fontenay
Blake Fontenay’s 27-year journalism career has taken him to many newspapers in four states. However, he had never returned to work in any of the other cities where he had been before until the opportunity to report for the Daily Memphian presented itself. He covers business for the Daily Memphian.
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