Franchisors want Supreme Court to weigh in on case involving nexus, states’ rights
The franchise industry is waiting anxiously to see if the U.S. Supreme Court will weigh in this year on a 10-year-old case involving KFC Corp. and the question of whether a state has the right to tax franchise companies located outside its borders. The eventual outcome of the lawsuit, which hinges on a tax bill proffered by Iowa’s Department of Revenue to the Louisville, Ky.-based quick-service chicken chain, could solve two points of contention: First, the establishment of the ...
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Contact: Desiree Torres Desiree.Torres@penton.com