Featured Jobs
|
Relationship Manager for Defined Benefits Daybright Financial
|
|
Relationship Manager for Defined Contributions 2 Daybright Financial
|
|
Compass
|
|
Frank Pension Consultants, Ltd.
|
|
Compass
|
|
Defined Contribution Account Manager Nova 401(k) Associates
|
|
Relationship Manager - Defined Contributions Daybright Financial
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
No ERISA Preemption of California Unrelated Business Income Tax, Says Second Circuit
Deloitte via BenefitsLink 
June 20, 2006
Excerpt: [The U.S. Court of Appeals for the Second Circuit has ruled that] ERISA does not preempt the application of California's unrelated business taxable income (UBTI) tax to an ERISA pension trust, which is otherwise tax-exempt under both U.S. and California tax law ... [The case is] Hattem v. Schwarzenegger, ___ F. 3d ___, No. 05-3926-cv (2d Cir., May 23, 2006).... Many states have UBTI laws, and the application of those laws to ERISA plan trusts has been an issue for years.
|
| Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
| An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |