Law

You are here: Home : Topics A-Z : Law

R.H. Donnelley Denied Much-Needed Tax Refund

A district court rules against a company that just recently climbed out of bankruptcy.

March 1, 2010

Editor's note: On February 1, 2010, R.H. Donnelley emerged from Chapter 11 bankruptcy protection as Dex One Corp.

Marketing-services company R.H. Donnelley Corp. filed a consolidated income-tax return for the year ending December 31, 1994, on time. The Internal Revenue Service examined the return and determined that all was well; that is, the IRS did not determine any additional tax deficiencies prior to the expiration of the statute of limitations. As a result, Donnelley filed refund claims for its 1991 and 1992 tax years. Read more...

Follow this topic

Sign up for newsletters
Subscribe to our Law RSS feed

More Law Articles

Keeping Your Ideas to Yourself
Why intellectual property is worth protecting – more than ever. February 25, 2010
How Risky Is Your Board?
The risk of securities litigation is rising, and the boardroom may be the point of greatest vulnerability. February 16, 2010
BofA Execs Hit with Civil Charges
In the wake of the bank's proposed settlement with the SEC, a new suit by the New York Attorney General accuses former CFO Joe Price and ex-CEO Ken Lewis of concealing the meltdown at acquisition target Merrill Lynch. February 4, 2010
Congress to Debate Companies' Speech and Spending Rights
A Supreme Court decision overturning limits on corporate campaign spending sparks a flurry of proposals on Capitol Hill, including a call for a constitutional amendment. February 2, 2010
Wells Fargo Is Chastised for SILO Deals
Wells Fargo's refund claim on 26 leveraged lease deals did not pass muster in tax court, and the company was "condemned" for having the audacity to go forward with such abusive shelters. January 25, 2010
Truth and No Consequences
The SEC hopes new cooperation agreements will entice fraud witnesses to come forward. January 14, 2010
Could New Regs Bring More Lawsuits?
Proposed regulatory reforms in Congress could reverse the recent dip in securities class-action filings. January 11, 2010
Fraud Case Feeds Sarbox-Exemption Critics
Could an alleged $31 million fraud at a company that reported $38 million in sales last year quash claims that internal-controls checks don't matter? January 7, 2010
Best of 2009: Regulation
As regulators spent the year operating in flux, we kept tabs on their top corporate-finance concerns. January 4, 2010