Ala. Urges High Court Intervention In Railroad Sales Tax Row

Law360, New York (November 8, 2013, 6:52 PM EST) -- Alabama's attorney general asked the U.S. Supreme Court to squash an Eleventh Circuit ruling saying the state's 4 percent diesel fuel tax discriminates against rail carriers because it isn't levied against motor and water carriers, arguing the circuit court's comparisons were too constricted.

Alabama said the Eleventh Circuit should have followed three other circuits and compared the railroads against all other commercial and industrial taxpayers who are subject to the tax instead of limiting the comparison to the railroad's competitors in order to determine whether the...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.