27 May 2009
A couple of years ago, I was speaking about fiduciary taxes at a CLE when I was passed a note. It said, “Trust investment advisory fees subject to the 2% floor. Knight vs. Commissioner.” Whoa. This, you see, was a fairly significant development in the world of fiduciary income tax. It later went on to [...]
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6 November 2007
Kentucky taxpayers George and Katherine Davis have filed suit against the State of Kentucky alleging that the state violates the Commerce Clause by allowing an exemption for interest income from Kentucky municipal bonds while taxing income from out-of-state bonds. The state has argued that the Court “has never held that a law which favors government, [...]
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