U.S. Supreme Court Won’t Review Dispute Over Taxing Trusts

Mealey's (July 1, 2019, 11:39 AM EDT) -- WASHINGTON, D.C. — The U.S. Supreme Court on June 28 denied a petition for a writ of certiorari filed by Cynthia Bauerly, the commissioner of the Minnesota Department of Revenue, who asked that the high court find that the state be allowed to tax the out-of-state administrators of four trusts that were created by a Minnesota man in 2009 and who later released power over the trusts after they became irrevocable in 2011 because the trusts have significant connections with the state (Cynthia Bauerly v. William Fielding, et al., No. 18-664, U.S. Sup.)....