Justices To Hear State Tax Nexus Case On Beneficiary, Trust

By Maria Koklanaris (January 11, 2019, 6:59 PM EST) -- In a case that could have broader nexus implications, the U.S. Supreme Court on Friday agreed to decide whether the due process clause prohibits a state from taxing a trust solely because its beneficiary resided in the state.

The North Carolina Department of Revenue asked the U.S. Supreme Court to take up a case involving taxation of a family trust to follow up on its ruling in South Dakota v. Wayfair, which dealt with sales and use tax. (AP) The nation's highest court decided to hear the North Carolina Department of Revenue's case against Kimberley Rice Kaestner's family trust, in which the North Carolina...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!