The Tax Court determines that it has jurisdiction to determine an interest netting dispute that may result in a “refund” and decides that claim in favor of the taxpayer.
Read the opinion here:
Exxon Mobil v. Commissioner, 136 T.C. No. 5 (2011)
Tag Archives: Skidmore
What does Mayo Foundation mean for Tax Litigation?
The Supreme Court’s decision in Mayo Foundation will have a lasting impact. Chevron deference is now the standard. One scholar asks whether that is always the case.
What to do about regulations that appear to be promulgated in order to affect the outcome of a pending case? Does Chevron deference still apply? Does another standard apply? Should another standard apply?
Prof. Lederman of the Univeristy of Indiana at Bloomington will present “Hold the Mayo: What Respect Should Courts Accord Tax Regulations and Rulings Issued During Litigation?” at the University of Florida Faculty Colloquia Series.
Please visit Tax Prof Blog for an abstract.