Legal Opinion
First National Bank of Atlanta v. Bartow County Board of Tax Assessors
Supreme Court of the United States
Decided March 19, 1985No. 83-1620PublishedCited by 35 opinions
1Opinion of the CourtJustice Blackmun
Two Terms ago, this Court, by a 6-2 vote, ruled that Rev. Stat. §3701, as amended, 31U. S. C. §742 (1976 ed.), prohibited a State from imposing on bank shares a property tax computed on the basis of the bank’s net worth without deduction for tax-exempt United States obligations held by the bank. American Bank & Trust Co. v. Dallas County, 463 U. S. 855 (1983). Section 3701 at that time provided:
“[A]ll stocks, bonds, Treasury notes, and other obligations of the United States, shall be exempt from taxation by or under State or municipal or local authority. This exemption extends to every form…
2Cases cited16 opinions
- Weston and Others v. the City Council of CharlestonSupreme Court of the United States · 1829
- National Life Insurance v. United StatesSupreme Court of the United States · 1928
- United States v. American Building Maintenance IndustriesSupreme Court of the United States · 1975
- Helvering v. Independent Life InsuranceSupreme Court of the United States · 1934
- Memphis Bank & Trust Co. v. GarnerSupreme Court of the United States · 1983
11 more not listed; retrieve them via the Exa API.
3Cited by35 opinions
- Rockford Life Insurance v. Illinois Department of RevenueSupreme Court of the United States · 1987
- Larry D. Delpit Dorothy D. Delpit v. Commissioner Internal Revenue ServiceCourt of Appeals for the Ninth Circuit · 1994
- Hunt-Wesson, Inc. v. Franchise Tax Board of CaliforniaSupreme Court of the United States · 2000
- Nebraska Department of Revenue v. LoewensteinSupreme Court of the United States · 1994
- Andras v. Department of RevenueAppellate Court of Illinois · 1987
30 more not listed; retrieve them via the Exa API.