Tax Foreign Income at Your Peril, Kansas Committee Told - McDermott Will & Emery

Tax Foreign Income at Your Peril, Kansas Committee Told

Overview


Kathleen Quinn commented on the consequences of not exempting certain foreign earning from state taxation. “In order to constitutionally tax this income, you have to take into consideration the activities that earned the income,” said Quinn. “Under the due process and commerce clauses, that is an age-old rule when it comes to state tax.”