<p>North Carolina High Court Rules Tax on Out-of-State Trust Violates Due Process Clause</p>

North Carolina High Court Rules Tax on Out-of-State Trust Violates Due Process Clause

North Carolina Supreme Court

The North Carolina Supreme Court held that an in-state beneficiary of an out-of-state trust did not give North Carolina sufficient minimum contacts to satisfy the due process requirements of both the U.S. Constitution and the North Carolina Constitution, finding that the state's income tax was unconstitutional as applied to the trust.

<p>The North Carolina Supreme Court held that an in-state beneficiary of an out-of-state trust did not give North Carolina sufficient minimum contacts to satisfy the due process requirements of both the U.S. Constitution and the North Carolina Constitution, finding that the state's income tax was unconstitutional as applied to the trust.</p>