Wash. Tax Illegally Targets Out-Of-State Banks, Judge Rules

By Abraham Gross (May 8, 2020, 7:02 PM EDT) -- A Washington state tax on large financial institutions unconstitutionally burdens interstate commerce by targeting large out-of-state banks with a higher business and occupation tax rate, a state judge ruled Friday.

Judge Marshall Ferguson of King County Superior Court in Washington state, in November. On Friday, after a virtual hearing, Judge Ferguson issued an order that struck down a tax on financial institutions, saying it discriminated against out-of-state banks. (AP) In an order issued from the bench after a virtual hearing, King County Superior Court Judge Marshall Ferguson struck down the tax, saying that while the state law that authorized the tax did not facially discriminate...

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!