TaxProf Blog

Editor: Paul L. Caron, Dean
Pepperdine University School of Law

Thursday, January 26, 2006

WSJ on 6th Circuit's Dow Chemical COLI Decision

On Tuesday, we blogged the Sixth Circuit decision in Dow Chemical v. United States, No. 03-2360 (6th Cir. 1/23/06), which held that Dow Chemical's corporate-owned life insurance (“COLI”) policies on the lives of thousands of its employees lacked economic substance and thus disallowed deductions for interest incurred on loans used to pay the COLI premiums and for fees related to the administration of the policies. Today's Wall Street Journal reports on the case in Dow Chemical Is Ordered to Pay In "Janitors" Case, by Robert Guy Matthews.

New Cases | Permalink

TrackBack URL for this entry:

Listed below are links to weblogs that reference WSJ on 6th Circuit's Dow Chemical COLI Decision: