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Federal Law on State and Local Tax

Constitution
Statutes
  • McCarran-Ferguson Act, 15 U.S.C. 1011 Congress authorizes states to tax insurance companies.
  • Railroad Revitalization and Regulatory Reform Act of 1976 (4R Act), Public Law 94-210. Title III of this Act prohibits local jurisdictions from taxing railroad property at a higher rate than similar commercial and industrial property.
  • State Income Tax Limitation Act, Public Law 86-272, 15 U.S.C. 381
  • States are prohibited from imposing state income taxes on entities whose sole connection within a state is the solicitation of orders or sales of tangible personal property.
Judicial Decisions
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Ohio Amnesty Ends June 15, 2012.
June 15, 2012 is the last day taxpayers can take advantage of Ohio’s Tax Amnesty Program (“Program”). The Program allows taxpayers to obtain penalty and... >More

Texas Amnesty Begins June 12, 2012.
Texas’s Tax Amnesty Program (“Program”) begins June 12, 2012 and ends August 17, 2012. The Program offers a waiver of penalty and interest on taxes... >More


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