U.S. Supreme Court to Hear Kaestner Trust Tax Nexus Case

The U.S. Supreme Court will revisit state tax nexus for the second year in a row after granting North Carolina’s petition for certiorari in North Carolina Department of Revenue v. The Kimberley Rice Kaestner 1992 Family Trust (Docket No. 18-457). Kaestner and Fielding could have significant implications on the state taxation of trusts. All multistate taxpayers should prepare for the potential wider-ranging impacts of the U.S. Supreme Court decision regarding how the Due Process Clause applies to state taxes.