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Unpublished Paper
The Importance of Being Interest: Why a State Cannot Impose its Income Tax on Tribal Bonds
ExpressO (2009)
  • Scott A. Taylor
Abstract

The exercise of a state power in a way that adversely impacts the sovereignty of a federally recognized Indian tribe has been a matter of serious concern to the United States Supreme Court since the early 19th century. The limit of a state’s power to tax tribes is very often the subject of this judicial concern. In this article, I examine the reasons why states cannot impose their income taxes on interest that investors earn on tribal bonds.

Keywords
  • tribal bonds,
  • federal indian law,
  • state taxation
Disciplines
Publication Date
March 1, 2009
Citation Information
Scott A. Taylor. "The Importance of Being Interest: Why a State Cannot Impose its Income Tax on Tribal Bonds" ExpressO (2009)
Available at: http://works.bepress.com/scott_taylor/4/