Legal Opinion
Yurista v. Commissioner of Revenue
Supreme Court of Minnesota
Decided August 31, 1990No. C2-89-2201PublishedCited by 5 opinions
1Opinion of the Court
COYNE, Justice.
Certiorari on the relation of the Commissioner of Revenue to review a decision of the tax court exempting from state income taxation that portion of mutual fund dividends directly attributable to United States Treasury notes and bonds. See 31 U.S.C. § 3124(a) (1982) and Minn.Stat. § 290.01, subd. 19b(l) (1988). We affirm.
Taxpayer Harry Yurista is a shareholder of two mutual funds: Investment Portfolio’s “Government Plus Portfolio” and Massachusetts Financial Service’s “Government Securities High Yield Trust.” These two mutual funds invested in United States Treasury Notes and…
2Cases cited10 opinions
- M'culloch v. State of MarylandSupreme Court of the United States · 1819
- Weston and Others v. the City Council of CharlestonSupreme Court of the United States · 1829
- Van Allen v. AssessorsSupreme Court of the United States · 1866
- American Bank & Trust Co. v. Dallas CountySupreme Court of the United States · 1983
- Home Savings Bank v. City of Des MoinesSupreme Court of the United States · 1907
5 more not listed; retrieve them via the Exa API.
3Cited by5 opinions
- Shawnee Bank, Inc. v. PaigeWest Virginia Supreme Court · 1997
- Lutheran Brotherhood Research Corp. v. Commissioner of RevenueSupreme Court of Minnesota · 2003
- Colonial Trust III, & Investment Co. Institute v. Director, Division of TaxationNew Jersey Tax Court · 1997
- Meunier v. Minnesota Department of RevenueSupreme Court of Minnesota · 1993
- Hirsch v. Vermont Department of TaxesSupreme Court of Vermont · 1995