United Stationers

Full title:UNITED STATIONERS, INC., Plaintiff, v. UNITED STATES of America, Defendant

Court:United States District Court, N.D. Illinois, Eastern Division

Date published: Oct 16, 1997

Facts

Before the district court is the issue of an IRS denial of a tax credit to a corporate taxpayer, Plaintiff United Stationers, Inc. (“Stationers”). The district court must also rule on the objections of stationers to the Report and recommendation of the Magistrate Judge. According to Local General Rule 2.41(B), the district court referred to the Magistrate Judge the sole question of whether Stationers was entitled to a tax credit under Internal Revenue Code 26 U.S.C. § 41 (1986) (“§ 41”) for increasing research activities. The Magistrate Judge conducted a hearing and filed a Report and Recommendation (“Report”), recommending the denial of Stationers’ claim for a tax credit under § 41.

Issue

Court Judgment

Stationers has failed to show that its projects met the requirements for a tax credit under 26 U.S.C. § 41. Accordingly, the court denies Stationers’ claim for a tax credit for increasing research activities.

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