Archive for January 2017

Alabama residents who paid taxes to other states and whose credits were limited by the invalid regulation may have a refund opportunity going back to 2013. All states that assess a personal income tax provide some kind of credit or adjustment to residents for the tax they have paid on their income to other states.…

The Mississippi Supreme Court finds that the state’s denial of a dividend received deduction discriminated against interstate commerce, opening the door to refund opportunities. In 1977, the U.S. Supreme Court, in Complete Auto Transit v. Brady, ruled that it was constitutionally permissible for states to tax companies engaged in interstate commerce provided that the tax…