Pollock v. Farmers' Loan & Trust Co.: Difference between revisions

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|date=April 8, 1895
|date=April 8, 1895
|subject=Tax Law
|subject=Tax Law
}}
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'''Holding:''' Unapportioned income taxes on interest, dividends, and rents imposed by the Income Tax Act of 1894 are direct taxes, and are therefore unconstitutional.
'''Holding:''' Unapportioned income taxes on interest, dividends, and rents imposed by the Income Tax Act of 1894 are direct taxes, and are therefore unconstitutional.

Revision as of 05:20, September 9, 2020

Pollock v. Farmers' Loan & Trust Co.
Court U.S. Supreme Court
Citation 157 US 429 (1895)
Date decided April 8, 1895

Holding: Unapportioned income taxes on interest, dividends, and rents imposed by the Income Tax Act of 1894 are direct taxes, and are therefore unconstitutional.