The U.S. Supreme Court unanimously denied a taxpayer group's challenge to nearly $300 million in tax breaks given to a DaimlerChrysler AG plant in Toledo, Ohio.

In the 9-0 decision, Chief Justice John Roberts wrote that the municipal taxpayer group had no standing to challenge tax or spending decisions based solely on their standing as taxpayers. Roberts wrote that the argument added "yet another level of conjecture to their already hypothetical claim of injury."

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access