Amazon Beats IRS In 9th Circ. Spat Over Valuing Intangibles

Published: 16/08/2019
Amazon Beats IRS In 9th Circ. Spat Over Valuing Intangibles
Source: WWW.LAW360.COM

Amazon defeated an IRS appeal Friday, as a three-judge Ninth Circuit panel unanimously upheld a U.S. Tax Court ruling that favored the online retailer’s valuation of intangible assets transferred to a Luxembourg subsidiary.

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