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Articles Posted in MTC

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Could New MTC Draft Guidance Mean the End of P.L. 86-272 Immunity?

The Interstate Income Act of 1959, a.k.a. Public Law 86-272, allows a business to enter a state (or send representatives to that state) to solicit orders for goods without being subject to a net income tax. As you might imagine, the advent of the internet created some interesting questions regarding…