- within Corporate/Commercial Law topic(s)
- with Senior Company Executives, HR and Finance and Tax Executives
- in United States
- with readers working within the Accounting & Consultancy, Business & Consumer Services and Healthcare industries
The Michigan Court of Appeals affirmed the Court of Claims' decisions in cases that challenged the constitutionality of Michigan's purported retroactive repeal of the Multistate Tax Compact effective January 1, 2008. The Court of Appeals affirmed the lower court's rulings that the retroactive legislation barred the plaintiffs from electing the Compact's equally weighted three-factor formula for tax years beginning on or after January 1, 2008.
Read the Court of Appeals' September 29, 2015 decision.
Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
© Morrison & Foerster LLP. All rights reserved
[View Source]
