One year after dropping the landmark Wayfair decision, our State & Local Tax Group examines why this year’s Supreme Court decision in North Carolina Department of Revenue v. Kimberley Rice Kaestner 1992 Family Trust won’t leave much of a mark.
- Kaestner focuses narrowly on the trust at issue in the case
- The Court goes out of its way to ensure that the decision does not affect precedent
- The decision reaffirms the due-process test of Quill
Read the full advisory here.
