State Income Tax Applies to Debt Discharged in Foreclosures

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Source: www.law.com --- Tuesday, January 03, 2012
A split en banc Commonwealth Court panel has ruled in a case of first impression that Pennsylvania's personal income tax can be applied to Debt discharged in a property foreclosure, including accrued and unpaid interest on top of the principal amount of the loan used to purchase the property. ...

Source: http://www.law.com/jsp/pa/PubArticlePA.jsp?id=1202537214564&rss=pa

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