"Costco has filed a lawsuit against the administration of United States President Donald Trump in efforts to get a full refund on the tariffs the company paid this year before the US Supreme Court weighs in on the legality of tariffs. The lawsuit, filed on Friday, also calls to block the collection of import duties."
"Costco said that the tariffs need to be immediately addressed because there is a December 15 deadline to refund taxes that have already been paid. The lawsuit alleges that US Customs and Border Protection has denied the company's request to extend the deadline. Costco did not specify the amount that it believes it should be refunded for."
"Importers that have paid IEEPA duties, including Plaintiff, are not guaranteed a refund for those unlawfully collected tariffs in the absence of their own judgment and judicial relief, the suit said. According to the suit, filed in the US Court of International Trade, Costco is also requesting a pause on further collections. Plaintiff seeks relief from the impending liquidations to ensure that its right to a complete refund is not jeopardized, the lawsuit said."
Costco filed a lawsuit against the Trump administration seeking full refunds for tariffs paid this year and asking to block further import duty collections pending a Supreme Court decision. The company emphasized urgency because a December 15 deadline governs refunds for taxes already paid and US Customs and Border Protection refused to extend that deadline. Costco did not disclose the refund amount sought. The complaint states that importers who paid IEEPA duties lack guaranteed refunds without judgment or judicial relief and requests the US Court of International Trade to pause collections and impending liquidations to preserve refund rights.
Read at www.aljazeera.com
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