2019 US Code
Title 15 - Commerce and Trade
Chapter 10B - State Taxation of Income From Interstate Commerce
Subchapter I - Net Income Taxes
Sec. 382 - Assessment of net income taxes
| 15 U.S.C. § 382 (2019) |
| §382. Assessment of net income taxes |
|
(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) CollectionsThe provisions of subsection (a) 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. |
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(Pub. L. 86–272, title I, §102, Sept. 14, 1959, 73 Stat. 556.) |
| United States Code, 2018 Edition, Supplement 1, Title 15 - COMMERCE AND TRADE |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 15 - COMMERCE AND TRADE CHAPTER 10B - STATE TAXATION OF INCOME FROM INTERSTATE COMMERCE SUBCHAPTER I - NET INCOME TAXES Sec. 382 - Assessment of net income taxes |
| section 382 |
| 2019 |
| January 24, 2020 |
| No |
| standard |
| 73 Stat. 556 |
| Public Law 86-272 |
