U.S. Supreme Court Asks Trust To Respond To Revenue Department’s Petition

Mealey's (November 2, 2018, 1:37 PM EDT) -- WASHINGTON, D.C. — The U.S. Supreme Court on Oct. 31 asked a family trust to respond to a petition for a writ of certiorari filed by the North Carolina Department of Revenue that seeks review of a state high court’s ruling that the 14th Amendment’s due process clause prevents it from taxing a family trust that was established in New York by three North Carolina residents because the trust and its beneficiaries are considered residents of different states (North Carolina Department of Revenue v. Kimberly Rice Kaestner 1992 Family Trust, No. 18-457, U.S. Sup.)....

Attached Documents

Related Sections