Exxon Loses Fight for $337 Million Fuel Tax Refund From U.S.
- Dallas judge sides with government over mixture credits
- Oil giant sued in 2016 seeking $1.3 billion in tax refunds
An Exxon Mobil Corp. gas station.
Photographer: Chona Kasinger/BloombergThis article is for subscribers only.
Exxon Mobil Corp. lost its fight with the U.S. government over a request for a $337 million refund for fuel excise taxes.
A Dallas federal judge on Wednesday sided with the government in a dispute over how to apply so-called mixture credits against the fuel excise tax.