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JACKSONVILLE, Fla. - Winn-Dixie Stores, Inc. was delayed yesterday in settling a tax dispute with the Internal Revenue Service. The company now awaits another hearing to go over the matter.
According to a report in the Business Journal of Jacksonville, the IRS, which has raised objections over proofs of claim valued at $88.8 million, was not ready for the court date yesterday, and asked to address the issue at a Jan. 24 hearing.
The IRS originally filed 78 proofs of claim, and 29 were disallowed, according to the report. Additionally, some claims were amended, resulting in $52 million allegedly secured to IRS of the $88.8 million.
Winn-Dixie and the IRS have come to an agreement about who owes what for the 2000 to 2001 tax years, but have not agreed about tax liabilities for several other tax years.
Winn-Dixie claims it overpaid the IRS in 2003 by $1.9 million and owes no more money for 2004. In addition, the company says it's entitled to refunds for 1994, 1995, 2002, 2003 and 2005 tax years totaling nearly $40 million.