| United States. Congress. Senate. Government Operations - 1959 - 214 pages
...Court, on February 24, 1959, upheld the State taxes. In a 6-3 decision, it held that "net income from interstate operations of a foreign corporation may...apportioned to local activities within the taxing State * * *." Justice Whittaker's dissent — joined in by Justices Frankfurter and Stewart — argued that... | |
| United States. Congress. Senate. Committee on Small Business - 1959 - 388 pages
...that it is prepared to go this far. In the words of the Court, "We conclude that net income from the operations of a foreign corporation may be subjected...properly apportioned to local activities within the taming State •forming a sufficient nexus to support same." (27 USL Week 4141.) [Italic added.] If... | |
| United States. Congress. Senate. Committee on Small Business - 1959 - 38 pages
...the dissen as from the opinion of the majority, it states its conclusion in the» words : We conclude that net income from the interstate operations of a foreign corporation may be subjected to state taxa>« Cooley v. Board of Wardens, 53 US (Howard) 298 (1861). " US v. South-Eastern Underwriter»... | |
| United States. Congress. Senate. Select Committee on Small Business - 1959 - 386 pages
...direct taxation or otherwise, by the Commerce Clause of the Constitution. Yet, the Court "conclude [s] that net income from the interstate operations of a foreign corporation may be •ubjected to state taxation provided the levy is not discriminatory and is properly apportioned to... | |
| United States. Congress. Senate. Finance - 1959 - 292 pages
...Northwestern Portland Cement Co. and the Stockham Valve and. Fitting, Inc., cases held : "We conclude that net income from the interstate operations of a foreign corporation may be subject to State taxation provided the levy is not discriminatory and is properly apportioned to local... | |
| United States. Congress. Senate. Commerce - 1961 - 816 pages
...even though the activities were exclusively in furtherance of interstate commerce. The Court concluded "that net income from the interstate operations of...to local activities within the taxing State forming nexus to support the same." Query : What does this decision do to the long and tenaciously held principle... | |
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