Ohio Supreme Court Rules for NASCAR Holdings Inc. Over Broadcast and Media Revenue Sourcing

Tax attorney John Wertz authored an article featured on Sports Litigation Alert that discusses the impact of the Ohio Supreme Court's ruling in favor of NASCAR Holdings Inc. over the Ohio Department of Revenue in a case that concerned the agency's approach to sourcing NASCAR's licensing revenues. Mr. Wertz goes over how this decision will affect the methodology for sourcing receipts from licensing intellectual property (IP) for purposes of the Commercial Activities Tax (CAT). 

READ: Ohio Supreme Court Rules for NASCAR Holdings Inc. Over Broadcast and Media Revenue Sourcing