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Brief of Tax Executives Institute, Inc. as amicus curie in support of petitioner.(California interest-offset taxation)

From: Tax Executive  |  Date: 11/1/1999

On November 10, 1999, Tax Executives Institute filed the following brief with the Supreme Court of the United States concerning the constitutionality of the State of California's interest-offset rule, pursuant to which a nondomiciliary company's interest deduction is reduced dollar-for-dollar by the amount of dividend income received from non-unitary subsidiaries. The brief was prepared under the aegis of TEI's State and Local Tax Committee, whose chair is Amy J. Eisenstadt of ...

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