Annapolis, Md. (June 18, 2003) -- State nexus, required by the Commerce Clause of the Constitution for states to impose tax on business entities, continues to be an issue as state legislatures and courts seek ways to prevent the loss of tax revenue.

The Maryland Court of Appeals has ruled that two Delaware corporations that do no business in Maryland, own no tangible property in Maryland, but are subsidiaries of parents that do business in Maryland, are subject to Maryland tax.

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