VanNess & VanNess, P.A.
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Posts tagged "U.S. Supreme Court"

Trust administration and relevant income taxes will be heard by the U.S. Supreme Court

Trust administration and relevant income taxes will be heard by the U.S. Supreme Court in 2019. Since residents of Florida generally pay no personal income taxes, the outcome of this case is of great importance to our state. The Florida personal income taxation policy applies not only to earnings from wages, salaries or tips, it also applies to income received from a Trust. The State of Florida does not generally tax a Trust's income. 

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