Tuesday, August 02, 2005

Cuno v. DaimlerChrysler review

The State of Ohio has asked the U.S. Supreme Court to review Cuno v. DaimlerChrysler to determine whether the “Commerce Clause” of the Constitution allows a state to attempt to attract new business investments by offering credits against that state’s general corporate francise or incomes taxes, where the amount of credit is based on a business’s new investment potential in the state.
Ohio is the third party asking for review; prior requests have been made by both Cuno and DaimlerChrysler

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