PER CURIAM.
Plaintiff, a Delaware corporation, appeals from an adverse judgment of the District Court in its suit to recover taxes paid by its two foreign subsidiaries (Limitadas) to Argentina and Colombia, the countries of organization, respectively. Plaintiff claims the taxes so paid should be allowed as credits under § 131 of the Internal Revenue Code of 1939, 26 U.S.C.A. § 131.
The parties are agreed that a taxpayer is entitled to a deduction...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.