Taxation-State and Local Commons^™

State And Local Tax, Crawford B. Edwards Jr.

Mercer Law Review

The past year was a relatively quiet year for tax matters. The cases were varied and for the most part, either clarified some issues or covered procedural matters. In the area of real estate transfer taxes, the transfer tax is based on the net value of the conveyance (the purchase price less the outstanding indebtedness), when an existing mortgage or encumbrance remains after the transfer. In the ad valorem tax area, the cases dealt primarily with procedural matters concerning valuation. The court clarified the religious exemption by providing a "primary use of the property" test in cases in which religious …

Buying And Selling Businesses - Small Company Acquisitions In Virginia, Stephen D. Halliday

William & Mary Annual Tax Conference

No abstract provided.

Mergers And Acquisitions: Federal Income Tax And Virginia Corporate Law Considerations, Louis A. Mezzullo

William & Mary Annual Tax Conference

No abstract provided.

Proposition 136 "Taxpayers Right To Vote" - Analysis Of Issues And Provisions, Senate Revenue And Taxation Committee, Senate Local Government Committee, Assembly Local Government Committee

California Joint Committees

No abstract provided.

After The Revolt: A Framework For Fiscal Recovery, Joseph S. Slavet, Raymond G. Torto

John M. McCormack Graduate School of Policy and Global Studies Publications

Despite the injection of new taxes in the amount of $1 .2 billion in fiscal 1991, and recently announced cuts in the budget of approximately $464 million, the Commonwealth's fiscal condition - irrespective of the outcome of CLT's petition -is precarious. Although the political juices are flowing in Massachusetts, with an eye on November 6th, Massachusetts decision-makers have not faced up to the problems inherent in the long-term, structural spending patterns of the state's budget.

Our five-year budget projection indicates that if expenditure trends continue without dramatic restructuring - particularly in the "non-discretionary" accounts - the Commonwealth faces a steady …

Preliminary Reflections On Mckesson And American Trucking Associations, Walter Hellerstein

Scholarly Works

On June 4, 1990, the Supreme Court issued its long awaited decisions in McKesson Corp v. Division of Alcoholic Beverages and Tobacco and American Trucking Associations, Inc. v. Smith. Both cases raised the question of whether a taxpayer has a right to a refund of unconstitutional state taxes. This article analyzes these decisions separately and considers the implications of these decisions on future state tax litigation. The article has two purposes: first, to analyze the McKesson and American Trucking Association cases; and second, to consider their implications for future constitutional challenges to state taxes. The article concludes by stating …

After The Miracle: A History And Analysis Of The Massachusetts Fiscal Crisis: Being A Drama In Five Acts, With An Implied Invitation To The Reader To Participate In The Crafting Of The Final Act, Joseph S. Slavet, Raymond G. Torto, Edmund Beard, Louis C. Dinatale

John M. McCormack Graduate School of Policy and Global Studies Publications

"After the Miracle" documents the factors that have shaped the recent political debate in Massachusetts and are likely to determine continuing economic and fiscal conditions in Massachusetts in the near future. The paper indicates that 1990 may begin a decade of real limits for Massachusetts. The economy has stagnated and the next two years will be a period of deep economic uncertainty. It is also clear that a resurgence, like that of the boom period of the eighties, is unlikely to be replicated.

The 1980's was a period when state-local spending in Massachusetts, propelled by the infusion of double-digit tax …

Davis V. Michigan And The Doctrine Of Retroactivity: States' Refund Liability For Taxation Of Federal Pension Income, Timothy B. Sherman

Brigham Young University Journal of Public Law

No abstract provided.

Taxation, Jeffrey D. Berry, Carol A. Wooding

Loyola University Chicago Law Journal

No abstract provided.

Sales And Use Tax Planning For The Horse Industry, Richard W. Craigo

Kentucky Law Journal

No abstract provided.

New York's Real Property Tax Law: The More Changes That Are Made, The More Things Stay The Same, Ira M. Sockowitz

Touro Law Review

No abstract provided.

Justice Scalia And The Elusive Idea Of Discrimination Against Interstate Commerce, Richard B. Collins

Publications

No abstract provided.

Annual Survey Of Virginia Law: Taxation, Carle E. Davis

University of Richmond Law Review

In its 1990 session, Virginia's General Assembly passed many bills amending sections of and adding new sections to title 58.1 of the Code of Virginia (the "Code"). These bills affected a broad range of areas, including the individual and corporate income tax, the sales and use tax, real estate and recordation taxes, and miscellaneous local taxes. The Supreme Court of Virginia also decided several cases concerning miscellaneous taxation issues. In addition, the Virginia Department of Taxation finalized several regulations and promulgated proposed regulations. This article covers legislative and regulatory changes, and recent judicial decisions affecting Virginia taxation from July 1989 …