Farm Credit System member institutions are exempt from state taxation when Congress is silent on issue in Farm Credit Act's 1985 amendment.
Cite as
2000 DJDAR 6811Published
Mar. 21, 2001Filing Date
Jun. 26, 2000
DIR. OF REVENUE OF MO
v.
CoBANK ACB
No. 99-1792
United States Supreme Court
Filed June 27, 2000
The petition for a writ of certiorari is granted limited to the following question: "Does 12 U.S.C. Section 2134 authorize states to tax the income of the National Bank for Cooperative, a federally chartered instrumentality of the United States?".
The petition for a writ of certiorari is granted limited to the following question: "Does 12 U.S.C. Section 2134 authorize states to tax the income of the National Bank for Cooperative, a federally chartered instrumentality of the United States?".
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