TAXATION - CONSTITUTIONAL LAW - POWER OF CONGRESS TO EXEMPT FEDERAL INSTRUMENTALITIES FROM TAXATION

Authors

Michigan Law Review, University of Michigan Law School

Abstract

The Home Owners' Loan Corporation instituted a mandamus proceeding against the clerk of the superior court of the city of Baltimore to compel the recording of a mortgage upon payment of the ordinary recording charge and without affixing stamps in compliance with the state recording tax. The lending process of the HOLC is expressly declared by Congress to be exempt from taxation. Held, the tax is invalid in so far as it purports to cover the lending process. All justices concurred. Pittman v. Home Owners' Loan Corp., 308 U. S. 21, 60 S. Ct. 15 (1939).

Recommended Citation

Michigan Law Review, TAXATION - CONSTITUTIONAL LAW - POWER OF CONGRESS TO EXEMPT FEDERAL INSTRUMENTALITIES FROM TAXATION, 38 Mich. L. Rev. 738 (1940).
Available at: https://repository.law.umich.edu/mlr/vol38/iss5/21