SEQUA CORP. & AFFILIATES v. U.S.

No. 03 Civ.4167 GEL.

350 F.Supp.2d 447 (2004)

SEQUA CORPORATION & AFFILIATES, Plaintiffs, v. UNITED STATES of America and the Internal Revenue Service, Defendants.

United States District Court, S.D. New York.

September 27, 2004.


Attorney(s) appearing for the Case

Bryan C. Skarlatos, Kostelanetz & Fink, LLP, New York City, for plaintiffs Sequa Corporation and Affiliates.

David N. Kelley, United States Attorney for the Southern District of New York (Michael C. James, of Counsel), New York City, for defendants the United States of America and the Internal Revenue Service.


OPINION AND ORDER

LYNCH, District Judge.

Plaintiffs Sequa Corporation and its affiliates (collectively "Sequa") bring this action seeking a tax refund from the Internal Revenue Service, which Sequa claims it is owed under a proper interpretation of the Internal Revenue Code sections governing the corporate Alternative Minimum Tax. The Government argues for a different interpretation of those Code sections...

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