U.S. Supreme Court rules Maryland double taxation of income is unconstitutional

The U.S. Supreme Court today ruled that Maryland’s scheme of property taxation because it does not provide a full tax credit to residents for money earned outside the state.

We are presently analyzing this decision for application to our Ohio and Kentucky clients.

A Washington Post article on t he topic is here.

The decision, Comptroller of the Treasury of Maryland  v. Wynne, et Ux., is here.

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