Supreme Court Hear Trust Taxation Case

Written by Bogutz and Gordon

Posted on Jan 16, 2019

The Supreme Court, that’s right the U.S. Supreme Court, has announced it will hear a case about how trusts are taxed, precisely, whether states can tax the income a trust generates if the only contacts with that state is the beneficiary. Some state courts have said yes, some no.  The high court should settle the split.