Congressional Research Service Issues In Focus White Paper on Evolution of P.L. 86-272's State Income Tax Immunity for Income Derived From Interstate Commerce
February 22, 2025
February 22, 2025
WASHINGTON, Feb. 22 (TNSrep) -- The Congressional Research Service issued the following In Focus white paper (No. IF12919) on Feb. 21, 2025, legislative attorney Milan N. Ball:
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The Evolution of P.L. 86-272's State Income Tax Immunity for Income Derived from Interstate Commerce
Enacted in 1959, P.L. 86-272, 73 Stat. 555 (codified at 15 U.S.C. Sec.Sec. 381-384), limits the power of states to impose a net income tax on out-of-state sellers who have . . .
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The Evolution of P.L. 86-272's State Income Tax Immunity for Income Derived from Interstate Commerce
Enacted in 1959, P.L. 86-272, 73 Stat. 555 (codified at 15 U.S.C. Sec.Sec. 381-384), limits the power of states to impose a net income tax on out-of-state sellers who have . . .