United States:
Michigan Court Of Appeals Ruling Allows Compact Election For Lorillard
30 September 2014
Morrison & Foerster LLP
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The Michigan Court of Appeals ruled that Lorillard Tobacco
Company was permitted to elect to use the three-factor
apportionment formula under the Multistate Tax Compact and reversed
the Court of Claims.
We argued the case in the Michigan Court of Appeals on September
4, 2014.
Stay tuned for further developments regarding the linked September 16, 2014 decision.
Because of the generality of this update, the information
provided herein may not be applicable in all situations and should
not be acted upon without specific legal advice based on particular
situations.
© Morrison & Foerster LLP. All rights reserved
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