US court to decide Ohio tax credit for Jeep plant


WASHINGTON, Sept 27 (Reuters) - The U.S. Supreme Court said on Tuesday it would decide the constitutionality of an Ohio investment tax credit to encourage economic development in a case involving tax breaks to DaimlerChrysler AG for a Jeep plant in Toledo. The justices agreed to review a ruling by a U.S. appeals court in 2004 that declared unconstitutional the tax credit for discriminating against interstate commerce by giving preferential treatment to investment within the state.

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