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”[8] The Louisiana expense attribution provisions outlined above are based on federal tax  provisions aimed at preventing United States taxpayers from claiming deductions for amounts incurred to generate income not included in federal taxable income by the United States.[9]  There are two Internal Revenue Code  (“Code”) provisions on which the Louisiana law is based: Section 265, which addresses the treatment of interest expense incurred to generate income that is… [read post]
2 Dec 2020, 2:50 pm by Amy Howe
Gorsuch echoed Sotomayor’s point later on, in a question for Christopher Michel, the assistant to the U.S. solicitor general who argued on behalf of the federal government as a “friend of the court” supporting Louisiana. [read post]
1 Dec 2020, 10:35 am by Anna Salvatore
” The Supreme Court heard oral arguments this morning in Nestlé USA v. [read post]
1 Dec 2020, 9:45 am by Dennis Crouch
Whether, for purposes of the Appointments Clause, U.S. [read post]
1 Dec 2020, 6:14 am by James Romoser
Doe I and Cargill, Inc. v. [read post]