Is New York's Mark-to-Market Act Unconstitutionally Retroactive?
Tax Notes State, February 8, 2021, p. 541
10 Pages Posted: 11 Mar 2021
Date Written: 2021
This essay analyzes the retroactivity issues that have been raised in regard to mark-to-market and other accrual income tax reforms, with a focus on New York State’s proposed Billionaire Mark-to-Market Tax Act.
Keywords: New York, Billionaires, MTM, Mark-to-Market Tax Act, Unconstitutional, New York Constitution
JEL Classification: K, K34
Suggested Citation: Suggested Citation