State Tax Apportionment Regimes At Stake In High Court Bid

Law360, New York (February 3, 2014, 11:54 AM EST) -- Tax practitioners across the country are keeping a close watch on whether the U.S. Supreme Court grants review of a Maryland high court decision finding parts of the state's tax apportionment law unconstitutional, a ruling that could cost counties within the state more than $120 million in tax refunds and wreak havoc throughout the U.S. for counties with similar tax laws.

The Maryland Court of Appeals, the highest court in the state, ruled last year that a law barring out-of-state taxpayers from using a credit to...
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