Judge derides IRS lingo in awarding refund to Steinbrenner

June 11, 2013 at 12:34 PM

TAMPA, Fla., June 11 (UPI) -- A son of the late George Steinbrenner does not have to repay a $670,000 refund from the Internal Revenue Service, a Tampa, Fla., judge has ruled.

In his decision, U.S. District Judge Steven Merryday criticized the tax code as "forbidding arcana" and "intractably muddled," the Tampa Bay Times reported Monday.

The IRS had not disputed that Harold "Hal" Steinbrenner, managing general partner of the New York Yankees, had the partnership-related refund coming. However, the agency said the two-year statute of limitations on the refund had expired. Steinbrenner's lawyers said the IRS should have applied a three-year statutory limitation because of circumstances surrounding the refund.

Steinbrenner had paid nearly $1 million in additional taxes after an IRS audit of a Yankees Holdings company for tax years 2001 and 2002.

The bill affected the tax liabilities for the Steinbrenner family trust, but the IRS said the loss couldn't be distributed to the beneficiaries for 2002. The trust could amend its return for 2001, which resulted in Steinbrenner getting the refund.

Two years the IRS sued, saying the refund shouldn't have been paid.

The judged sided with Steinbrenner and his wife on Friday.

Like Us on Facebook for more stories from UPI.com  
Related UPI Stories
Latest Headlines
Top Stories
Germanwings pilot Lubitz buried quietly amid investigation
Russia investigates legality of 1991 recognition of Baltic independence
South Korea fires warning shots at boat from North
Islamic State re-captures part of key Kurdish-held border town in Syria
North Korea raises alarm over violent crime