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MAYO CLINIC v. UNITED STATES

File No. 16-cv-03113 (ECT/ECW).

642 F.Supp.3d 831 (2022)

MAYO CLINIC, a Minnesota Corporation, on its own behalf and as successor in interest to Mayo Foundation, Plaintiff, v. UNITED STATES of America, Defendant.

United States District Court, D. Minnesota.

Signed November 22, 2022.

Attorney(s) appearing for the Case

Mark P. Rotatori, Jones Day, Chicago, IL; Erin Sindberg Porter and Annamarie A. Daley, Jones Day, Minneapolis, MN, for Plaintiff Mayo Clinic.

Curtis J. Weidler, U.S. Department of Justice Tax Division, Washington, DC, for Defendant United States of America.

FINDINGS OF FACT AND CONCLUSIONS OF LAW

Mayo Clinic brought this case to obtain $11,501,621 in refunds of unrelated business income tax (or "UBIT") on certain investment income it received from the investment pool it manages for its subsidiaries. At issue are tax years 2003, 2005-2007...

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