15-U.S.C.-382
§382 – Assessment of Net Income Taxes
Pathway
Title 15 > Chapter 10B > Subchapter I > Section 382
Details
- Reference: Section 382
- Legend: §382 – Assessment of Net Income Taxes
- USCode Year: 2013
Provision Content
(a) Limitations
No State, or political subdivision thereof, shall have power to assess, after September 14, 1959, any net income tax which was imposed by such State or political subdivision, as the case may be, for any taxable year ending on or before such date, on the income derived within such State by any person from interstate commerce, if the imposition of such tax for a taxable year ending after such date is prohibited by section 381 of this title.
(b) Collections
The provisions of subsection (a) of this section shall not be construed—
(1) to invalidate the collection, on or before September 14, 1959, of any net income tax imposed for a taxable year ending on or before such date, or
(2) to prohibit the collection, after September 14, 1959, of any net income tax which was assessed on or before such date for a taxable year ending on or before such date.
(Pub. L. 86–272, title I, §102, Sept. 14, 1959, 73 Stat. 556.)
U.S. Encyclopedia of Law Coverage
15-U.S.C.-381 in the Legal Encyclopedia: Trade Law
In this entry about 15-U.S.C.-381, find legal reference material, bibliographies and premiere content related to trade law in the American Encyclopedia of Law, presenting a comprehensive view of the United States trade law-specific issues, written by authorities in the field.
15-U.S.C.-376 in the Legal Encyclopedia: Taxation
In this entry about 15-U.S.C.-376, find legal reference material, bibliographies and premiere content related to taxation in the American Encyclopedia of Law, presenting a comprehensive view of the United States taxation-specific issues, written by authorities in the field.
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