Ala. Supreme Court rules state owes HealthSouth money - WTVM.com-Columbus, GA News Weather & Sports

Ala. Supreme Court rules state owes HealthSouth money

Posted: Updated:
The state of Alabama owes HealthSouth $886,000 in a tax refund, according to a ruling made today by the state supreme court. Source: WBRC video The state of Alabama owes HealthSouth $886,000 in a tax refund, according to a ruling made today by the state supreme court. Source: WBRC video
  • NEWSMore>>

  • Phenix City man escapes custody twice, now recaptured

    Phenix City man escapes custody twice, now recaptured

    Friday, April 18 2014 2:00 AM EDT2014-04-18 06:00:08 GMT
    A man who has reportedly escaped from both the Lee County Detention Facility and the Muscogee County Prison is now in custody once again, according to Columbus authorities. Officials say Lee County SheriffMore >>
    A man who has reportedly escaped from both the Lee County Detention Facility and the Muscogee County Prison is now in custody once again, according to Columbus authorities. Officials say Lee County SheriffMore >>
  • Youth Orchestra of Greater Columbus holds "Maestro for a Moment" fundraiser

    Youth Orchestra of Greater Columbus holds "Maestro for a Moment" fundraiser

    Friday, April 18 2014 1:51 AM EDT2014-04-18 05:51:07 GMT
    The Youth Orchestra of Greater Columbus (YOGC) is holding a fundraiser, and those who participate get to vote for the "Maestro For A Moment". Dr. Kamlesh Ansignkar, Dr. Karen Stuart and Joseph Brannan areMore >>
    The Youth Orchestra of Greater Columbus (YOGC) is holding a fundraiser, and those who participate get to vote for the "Maestro For A Moment". Dr. Kamlesh Ansignkar, Dr. Karen Stuart and Joseph Brannan areMore >>
  • Voter registration deadline is April 21

    Voter registration deadline is April 21

    Friday, April 18 2014 1:24 AM EDT2014-04-18 05:24:03 GMT
    The deadline for voters to register is quickly approaching. Georgia Secretary of State Brian Kemp is reminding voters that April 21 is the last day to register for the May 20 primary.More >>
    The deadline for voters to register is quickly approaching. Georgia Secretary of State Brian Kemp is reminding voters that April 21 is the last day to register for the May 20 primary.More >>
BIRMINGHAM, AL (WBRC) -

The Alabama Supreme Court ruled today that the state owes HealthSouth some money.

HealthSouth was seeking a refund on taxes it paid between 1996 and 1998 because of fraudulent earnings reports.

It may seem hard to believe, but HealthSouth will be getting about $886,000 back from the state, and their successful argument boils down to this:

The company said it was making a lot more money than it actually was during those years in '96, '97, and '98, and because of that, it overpaid on state income tax.

But once those overstated earnings came to light in the federal corruption trials and SEC actions, the company asked the state to only charge it for the earnings it actually made, and refund the extra tax money with interest.

The Alabama Supreme Court ruling today says the company is entitled to the refund, but says the company recently changed its mind and agreed not to seek interest on that refund, a decision the state supreme court upheld.

HealthSouth released this statement to FOX6 News Wednesday afternoon: "We're pleased the court ruled in our favor, and we're still reviewing the opinion."

Copyright 2012 WBRC. All rights reserved.

Powered by WorldNow

1909 Wynnton Road
Columbus, Ga. 31906

FCC Public File
publicfile@wtvm.com
706-494-5400
EEO Report
Closed Captioning

All content © Copyright 2000 - 2014 Worldnow and WTVM. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.