Petition of the day
The petition of the day is:
Issue(s): Whether, in determining the creditability of a foreign tax, courts should employ a formalistic approach that looks solely at the form of the foreign tax statute and ignores how the tax actually operates, or should employ a substance-based approach that considers factors such as the practical operation and intended effect of the foreign tax.
Certiorari stage documents:
Recommended Citation: Ben Cheng, Petition of the day, SCOTUSblog (Sep. 7, 2012, 11:17 PM), http://www.scotusblog.com/2012/09/petition-of-the-day-330/