https://www.taxtmi.com/article/detailed?id=6479 Statutes are prima facie prospective and will not affect vested rights or impose new burdens on past transactions unless legislative intent to the contrary is expressly stated or necessarily implied; procedural, evidentiary, or declaratory provisions are more readily construed as retrospective. Declaratory or curative amendments that clarify prior law will generally receive retrospective effect, and courts determine retrospectivity by considering the statute's scope, the remedy sought, the former state of the law, and legislative contemplation. en-us Wed, 14 Oct 2015 07:49:35 +0530 Wed, 14 Oct 2015 07:49:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6479 Statutes are prima facie prospective and will not affect vested rights or impose new burdens on past transactions unless legislative intent to the contrary is expressly stated or necessarily implied; procedural, evidentiary, or declaratory provisions are more readily construed as retrospective. Declaratory or curative amendments that clarify prior law will generally receive retrospective effect, and courts determine retrospectivity by considering the statute's scope, the remedy sought, the former state of the law, and legislative contemplation. Articles Other Topics Wed, 14 Oct 2015 07:49:35 +0530 https://www.taxtmi.com/article/detailed?id=6479