Liberty Global Denies $284 Million Tax Bill Tied to Deloitte

Liberty Global Inc. didn’t underpay its taxes through a series of Deloitte-advised 2018 transactions nicknamed “Project Soy,” the telecommunications company said in a court filing.

The company was responding Thursday to a Justice Department lawsuit seeking about $237 million in taxes and a more than $47 million penalty. The government has said it may adjust its view on the precise figures based on information it hopes to obtain through the court discovery process.

The latest filing comes after the US District Court for the District of Colorado denied Liberty Global’s motion for the suit’s dismissal. Judge R. Brooke Jackson ruled ...