Key Tax Ruling From Ohio Supreme Court Concerning Pass-Through Entity

BVLaw
Court Case Digests
May 4, 2016
5074 Plumbing and Heating Equipment and Supplies (Hydronics)
423720 Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers
state taxation (incl. ad valorem)
corporate tax, capital gains, pass-through entity

Corrigan v. Testa
2016 Ohio LEXIS 1163
US
State Court
Ohio
Supreme Court
N/A
O’Connor

Summary

Ohio Supreme Court says tax provision imposing state income tax on capital gain realized by nonresident investor in pass-through entity violates taxpayer’s due process rights barring showing taxpayer’s activities are “unitary with” those of the business.

See Also

Corrigan v. Testa

Ohio Supreme Court says tax provision imposing state income tax on capital gain realized by nonresident investor in pass-through entity violates taxpayer’s due process rights barring showing taxpayer’s activities are “unitary with” those of the business.

Key Tax Ruling From Ohio Supreme Court Concerning Pass-Through Entity

Ohio Supreme Court says tax provision imposing state income tax on capital gain realized by nonresident investor in pass-through entity violates taxpayer’s due process rights barring showing taxpayer’s activities are “unitary with” those of the business.