Tax Profs Back NC In Supreme Court Trust Residency Spat

By Maria Koklanaris · February 28, 2019, 8:42 PM EST

Efforts of a trust are "purposefully directed" at beneficiaries, so North Carolina may tax an in-state beneficiary, even if the trust was elsewhere and income was not distributed, tax professors told...

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Documents

Case Information

Case Title

North Carolina Department of Revenue, Petitioner v. The Kimberly Rice Kaestner 1992 Family Trust

Case Number

18-457

Court

Supreme Court

Nature of Suit

Date Filed

October 11, 2018