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AGs Ask 2nd Circ. To Revive Their SALT Cap Workaround Suit

By Law360 Staff (September 12, 2024, 5:18 PM EDT) -- Attorneys general from New York, New Jersey and Connecticut asked the Second Circuit to revive their challenge to an IRS rule prohibiting workarounds to the federal cap on state and local tax deductions, saying the rule was arbitrary and contrary to congressional intent....

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