By Bernie Becker - 07/07/12 03:04 PM EDT
The insurance giant, which collapsed during the 2008 financial crisis, says it is owed $30.2 million in interest after overpaying its taxes in 1991.
According to Bloomberg, A.I.G. says its appeal for a refund has been before the IRS since 2007, and a lawyer for the company said it filed suit in federal claims court in Washington because the statute of limitations on the claim was set to run out.
A.I.G. initially received $85 billion in bailout money, a sum that eventually swelled to $182 billion. The federal government also still holds a healthy majority of the company’s shares.