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.