North Carolina tax law
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North Carolina Supreme Court Invalidates Statute Taxing Out-of-State Trust Distributions
October 15, 2018 6:05 AM
North Carolina Supreme Court Invalidates Statute Taxing Out-of-State Trust Distributions In what may be a boon for trust beneficiaries who live in North Carolina, the state Supreme Court recently held unconstitutional a statute that taxed proceeds from an out-of-state trust. The Commerce Clause of the U.S....
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