<p>Pennsylvania Supreme Court Finds Capped Net Loss Carryover Provision Violates Uniformity Clause</p>

Pennsylvania Supreme Court Finds Capped Net Loss Carryover Provision Violates Uniformity Clause

Pennsylvania Supreme Court

The Pennsylvania Supreme Court, Eastern District, partially affirmed a lower court decision and found that a $3 million cap in Pennsylvania's net loss carryover provision has a disparate effect on companies of various sizes, and therefore violates the state's uniformity clause.

<p>The Pennsylvania Supreme Court, Eastern District, partially affirmed a lower court decision and found that a $3 million cap in Pennsylvania's net loss carryover provision has a disparate effect on companies of various sizes, and therefore violates the state's uniformity clause.</p>