3M, Tribune Say Their IRS Tax Disputes Need Post-Chevron Relooks

July 5, 2024, 6:47 PM UTC

Tribune Media Co. and 3M Co. say the trajectory of their large tax disputes with the IRS should be rethought in the wake of the US Supreme Court’s abandonment of Chevron deference.

The demise of the Chevron doctrine in the June 28 Loper Bright Enterprises v. Raimondo ruling upended a pillar of administrative law that gave agencies leeway to interpret policies Congress hasn’t enunciated, both companies said in separate filings that illustrate the wide range of the administrative law in question.

Tribune Media told the US Court of Appeals for the Seventh Circuit the justices’ ruling should cast a new ...

Learn more about Bloomberg Tax or Log In to keep reading:

See Breaking News in Context

From research to software to news, find what you need to stay ahead.

Already a subscriber?

Log in to keep reading or access research tools and resources.