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WRIGLEY'S SALES ACTIVITIES IN WISCONSIN A STICKING POINT WITH SUPREME COURT; KPMG PEAT MARWICK CAN COMMENT ON IMPACT OF RULING

WRIGLEY'S SALES ACTIVITIES IN WISCONSIN A STICKING POINT WITH SUPREME
 COURT; KPMG PEAT MARWICK CAN COMMENT ON IMPACT OF RULING
 WHAT: In what should be viewed as only a partial victory for the states, the U.S. Supreme Court held that Illinois-based Wrigley's sales activities in Wisconsin exceeded the scope of what would be considered solicitation.
 "Although the court gave Wisconsin the go-ahead to tax Wrigley," explains KPMG Peat Marwick's Michael Lippman, partner in the Washington National Tax practice, "the new standards set forth in this ruling should bring relief to other corporate taxpayer that have been caught by the states' narrow interpretation of solicitation."
 WHO: Michael Lippman, partner in KPMG Peat Marwick's Washington National Tax Practice, is one of the leading authorities on state and local tax issues. Lippman closely monitors the legislative process and can interpret the high court's decision and discuss:
 -- the long-term state and local tax implications;
 -- the affect on both multistate business and the states.
 CONTACT: Lisa Meyer, 212-909-5108, or Michael Lippman, 202-467-3802, both of KPMG Peat Marwick
 -0- 6/19/92


CO: KPMG Peat Marwick ST: New York IN: FIN SU:

LR-OS -- NY065 -- 2042 06/19/92 16:07 EDT
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Publication:PR Newswire
Date:Jun 19, 1992
Words:196
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