La Crosse Footwear, Inc. And International Footwear Corporation v. United States

SCHALL, Circuit Judge.

The United States appeals from the judgment of the United States Court of Federal Claims in favor of La Crosse Footwear, Inc. (“La Crosse”) in La Crosse’s tax refund suit. See LaCrosse Footwear, Inc. v. United States, 1998 WL 258453 (Fed.Cl.1998). 1 Following a trial, the court entered judgment in favor of La Crosse in the amount of $1.32 million in tax and assessed interest, plus statutory interest. The court held that La Crosse was entitled to a refund of income taxes paid for tax years 1982-1986 because it determined that the base-year cost of certain inventory…