Client Advisories and Bulletins
Appellate Court To Consider Granting Interest On HMT Refunds
August 20, 2001
The U.S. Court of Appeals for the Federal Circuit (CAFC) has ordered parties in United States Shoe Corporation v. United States to present briefs on whether the government should pay interest on refunds of export Harbor Maintenance Tax (HMT) payments, indicating the court's intent to rule upon this issue. Any such ruling would not be issued for several months.This Order represents a favorable development in the fight for interest payments on previously refunded Shoe-type export HMT payments.