FoMoCo has sued the U.S. government. Yes you read that right. FoMoCo is suing the government alleging that the IRS owes them $445.3 million interest on tax overpayments. The lawsuit was filed on Thursday in the U.S. District Court in Detroit.
The suit comes after a long dispute between FoMoCo and the IRS over how much interest should be calculated for overpayments. According to Automotive News, an IRS representative declined to comment.
For June 2008, Ford reported a 28 percent decline from the same...
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