Lawyers React To High Court Limiting Md.'s Taxing Power
Law360, New York (May 18, 2015, 8:48 PM EDT) -- The Supreme Court ruled Monday that a Maryland tax scheme that does not allow residents to credit taxes paid to other jurisdictions against their county income taxes violates the dormant Commerce Clause. Here, attorneys tell Law360 the significance of Comptroller of the Treasury of Maryland v. Wynne.
Jay Adams, Jones Walker LLP
“The decision in Wynne reaffirmed a number of things [state and location tax] practitioners rely upon. One important outcome from this decision could involve credit for sales and use taxes paid when a local jurisdiction is involved. In Louisiana, the credit statute grants a credit for a tax paid...
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