Law in the News: Supreme Court agrees to hear potentially groundbreaking Maryland tax case

The Supreme Court announced Tuesday that it will hear arguments in a Maryland case that could rewrite tax laws across the country and cost Montgomery County and other localities hundreds of millions in revenue if it decides for the plaintiffs.

The issue in Maryland v. Wynne is the extent to which a state can tax income that residents earn in another state. Maryland allows residents to deduct income taxes paid to other states on their Maryland income tax forms. But that deduction doesn’t apply to income tax the state collects on behalf of counties and some municipalities — what is known as the piggyback tax.

Read article on the Washington Post