State Taxation of Interstate Commerce: Hearings Before the Committee on Finance, United States Senate, Eighty-sixth Congress, First Session, on S.J. Res. 113, to Bring about Greater Uniformity in State Taxation of Business Income Derived from Interstate Commerce; to Establish a Commission on Taxation of Interstate Commerce; and for Other Purposes; S. 2213, Abill to Limit the Power of the States to Impose Income Taxes on Income Derived Exclusively from the Conduct of Interstate Commerce; S. 2281, a Bill to Prescribe Limitations on the Power of the States to Impose Income Taxes on Business Entities Engaged in Interstate Commerce. July 21 and 22, 1959
U.S. Government Printing Office, 1959 - 278 pages
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accounting action activities additional already American amount appear Association basis believe bill burden BYRD Cement CHAIRMAN collect Commission committee concerns Congress consideration Constitution corporation cost effect enactment engaged establishment exclusively fact factor Federal firms foreign formula Furniture Georgia give going hearings impose income derived income tax increase industry interstate business interstate commerce involved Joint July jurisdiction laws legislation levy liability limit Louisiana maintain manufacturers matter means Northwestern operations opinion orders out-of-State percent person place of business plant Portland possible present problem profit proposed question reason recent records representative Resolution result returns salesmen sell Senator shipped situation small business solicitation statement Stockham suggest Supreme Court decisions tax laws taxation tion trade uniform United urge various warehouse Washington York
Page 84 - It may be doubted whether any of the evils proceeding from the feebleness of the federal government contributed more to that great revolution which introduced the present system than the deep and general conviction that commerce ought to be regulated by congress.
Page 69 - Court held that net income from the interstate operations of a foreign corporation may be subjected to state taxation, provided the levy is not discriminatory and is properly apportioned to local activities within the taxing State forming sufficient nexus to support the tax.
Page 19 - Miller Bros. Co. v. State of Maryland, 1954, 347 US 340, 344-345, 74 S.Ct. 535, 539, "some definite link, some minimum connection, between a state and the person, property or transaction it seeks to tax.
Page 2 - Any vacancy in the Commission shall not affect its powers, but shall be filled in the same manner in which the original appointment was made.
Page 200 - The amount of the corporation's gross receipts from business assignable to this Commonwealth shall be the amount of its gross receipts for the taxable year from, (1) sales, except those negotiated or effected in behalf of the corporation by agents or agencies chiefly situated at, connected with, or sent out from, premises for the transaction of business owned or rented by the taxpayer outside the Commonwealth, and sales otherwise determined to be attributable to the business conducted on such premises,...
Page 191 - ... litigation. Spasmodic and unrelated instances of litigation cannot afford an adequate basis for the creation of integrated national rules which alone can afford that full protection for interstate commerce intended by the Constitution. We would, therefore, leave the questions raised by the Arkansas tax for consideration of Congress in a nation-wide survey of the constantly increasing barriers to trade among the States. Unconfined by "the narrow scope of judicial proceedings.
Page 63 - It is the power to regulate; that is, to prescribe the rule by which commerce is to be governed. This power, like all others vested in congress, is complete in itself, may be exercised to its utmost extent, and acknowledges no limitations other than are prescribed in the constitution.
Page 3 - SEC. 205. (a) For the purpose of carrying out the provisions of this title, each river basin commission may — (1) hold such hearings, sit and act at such times and places, take such testimony, receive such evidence, and print or otherwise reproduce and distribute so much of its proceedings and reports thereon as it may deem advisable...
Page 168 - To subject these corporations to a separate income tax in each of these States means that they will have to keep books, make returns, store records, and engage legal counsel, all to meet the divers and variegated tax laws of forty-nine States, with their different times for filing returns, different tax structures, different modes for determining "net income," and different, often conflicting, formulas of apportionment.
Page 45 - NAM is a voluntary membership corporation made up of about 19,000 business concerns of all types and sizes throughout the United States. More than 80 percent of our membership is small business. In fact, 28 percent of the membership employ 50 or fewer persons, 46.5 percent employ 100 or less, and 83 percent have 500 or fewer employees. The association thus speaks for a broad, diversified, and substantial segment of the country's productive — and taxpaying — enterprises.