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Akron Legal News

 

Local

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Court Finds Financial Institution Tax Constitutional, Denies Refund

The Supreme Court of Ohio denied a Pennsylvania-based bank’s tax refund claim and rejected its argument that the Ohio financial institution tax (FIT) is unconstitutional.
In a unanimous opinion, the Supreme Court affirmed the Ohio tax commissioner’s denial of tax refunds to Dollar Bank, FSB, which has 30 of its 70 br ... (full story)

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