Industry officials are urging a federal judge to reject an Internal Revenue Service decision requiring lenders to capitalize the cost of making loans.

If upheld by the courts, most banks would pay significantly more in federal income taxes, although exact estimates are unavailable.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.