United States v. Byrum

1 Citing brief

  1. 926 NORTH ARDMORE AVENUE v. COUNTY OF LOS ANGELES

    Appellant’s Response to Amicus Curiae Brief

    Filed November 13, 2015

    When principle oftaxation requires reexamination, Congress is better equipped than a court [to do so].” (U.S.v. Byrum (1972) 408 U.S. 125, 135.) However, citing a 1964 federal advisory commission report, the Counties suggest that California did not adopt a documentary transfer tax on sales of stock, and limited the tax to conveyancesofrealty sold, because “very few stock transactions actually occurred in California.”