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U.S. Supreme Court hears oral arguments in N.C. case (access required)

  The U.S. Supreme Court heard oral arguments April 16 in a North Carolina case in which the justices will be asked to decide whether the U.S. Constitution prohibits states from taxing a trust located in another state based on the in-state residency of a beneficiary. The case, North Carolina Department of Revenue v. The Kimberley Rice ...

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