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Recent Developments And Tendencies In The Taxation Of Intangibles, Robert L. Howard

University of Missouri Bulletin Law Series

In the decision of Union Refrigerator Transit Co. v. Kentucky, the Supreme Court of the United States in 1905 definitely set at rest the proposition that tangible personal property having acquired a permanent situs in another state is not subject to taxation in the state of the owner's domicile. Since that time comparatively little difficulty has been encountered in the taxation of tangibles, though it was not until 1925 that the full scope of this doctrine was applied to inheritance taxation as distinguished from property taxes in the case of Frick v. Pennsylvania. The maxim mobilia sequuntur personaim, having thus …