FedEx Asks 6th Circ. To Uphold $89M Foreign Tax Credit

By Kevin Pinner · March 24, 2026, 4:30 PM EDT

FedEx is entitled to an $89 million tax refund because the U.S. Department of the Treasury lacked the authority to issue regulations disallowing foreign tax credits for offset earnings, the company...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Documents

Brief

Case Information

Case Title

FedEx Corporation v. USA

Case Number

Court

Appellate - 6th Circuit

Nature of Suit

2870 Tax Suits: Taxes

Date Filed

August 01, 2025

Recent Articles By Kevin

March 23, 2026
IRS Lacks Solid Plan To Audit Large Partnerships, TIGTA Says
March 23, 2026
Belgium Seeks Input On Global Minimum Tax Declarations
March 23, 2026
Canada's Tax Court Lowers Company Director's Bill
March 20, 2026
DC Circ. Urged To Maintain Block On IRS-ICE Data Sharing
March 19, 2026
EU Trade Committee Approves US Trade Deal With Conditions
March 18, 2026
Malawi Can Resume Discovery On Gem Co. In Tax Dispute
March 18, 2026
France Wants Digital Tax On US Firms In EU Budget
March 17, 2026
US Minimum Tax Deal Has Clear Drawbacks, UK Official Says
March 16, 2026
Long-Term Applicable Federal Rate To Fall In April
March 16, 2026
EU Needs To Unify Tax Policy To Aid Start-Ups, Panelists Say