Fort Smith Lumber Company v. Arkansas - 251 U.S. 532 (1920)
- Syllabus
- Case
U.S. Supreme Court
Fort Smith Lumber Company v. Arkansas, 251 U.S. 532 (1920)
Fort Smith Lumber Company v. Arkansas
No. 394
Submitted January 5, 1920
Decided March 1, 1920
251 U.S. 532
Syllabus
Double taxation is not forbidden by the Fourteenth Amendment. P. 251 U. S. 533.
A state may use its taxing power to carry out a policy respecting corporations. Id.
It may discriminate between local corporations and individuals by making the former liable to be taxed on shares held in other local corporations, themselves fully taxed, and to be sued for the back taxes, while leaving individuals free from such liabilities. Id.
211 S.W. 662 affirmed.
The case is stated in the opinion.
Official Supreme Court caselaw is only found in the print version of the United States Reports. Justia caselaw is provided for general informational purposes only, and may not reflect current legal developments, verdicts or settlements. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or information linked to from this site. Please check official sources.
