William D. Lipkind (Partner-Florham Park, NJ) and Adam Buchwalter (Of Counsel-Florham Park, NJ) co-authored "The State Income Tax Conundrum Upon the Sale of a Business," which appeared in the August 8, 2022, edition of Tax Notes®, a leading tax print and on-line journal for lawyers, accountants and others. The authors discuss the various theories of state taxing authorities to tax income from non-resident taxpayers upon their sale of an entity which does business in the taxing state, or owns a pass-through entity which does business in the taxing state, as limited by the due process clause of the U.S. Constitution.
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Originally Published by Tax Notes - State
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