Bellco Credit Union v. United States

FINDINGS OF FACT AND CONCLUSIONS OF LAW

CHRISTINE M. ARGUELLO, District Judge.

This tax case involves a dispute over whether Plaintiff Bélico Credit Union was required to pay “unrelated business income tax” for income on certain products and services. Three specific products are at issue in this litigation: (1) credit life and credit disability insurance; (2) financial services; and (3) accidental death and dismemberment insurance. On November 12, 2009, the Court granted in part (Doc. # 114) the parties’ cross-motions for summary judgment. The Court fully disposed of the issue of tax liability…