A U.S. tax court judge rules against H-P (HPQ) in its efforts to retrieve $190M in tax refunds...

|About: HP Inc. (HPQ)|By:, SA News Editor

A U.S. tax court judge rules against H-P (HPQ) in its efforts to retrieve $190M in tax refunds related to a Dutch tax shelter set up by AIG's derivatives arm. H-P had sued the IRS in 2009 for the refunds, which relate to a complex attempt to create capital losses and foreign tax credits that could be used to lower U.S. tax payments.