Burger Iron Co. v. Tracy

[This opinion has been published in Ohio Official Reports at 83 Ohio St.3d 102.] BURGER IRON COMPANY, APPELLANT, v. TRACY, TAX COMMISSIONER, APPELLEE. [Cite as Burger Iron Co. v. Tracy,

1998-Ohio-131.] Taxation—Franchise tax—Calculation of tax under the net worth basis pursuant to the language of R.C. 5733.05(A) as it read during tax years 1990 through 1993. In calculating franchise tax under the net worth basis pursuant to R.C. 5733.05, the special situsing rule found in former R.C. 5733.05(A) for “investments in the capital stock of or loans and advances to subsidiary corporations at least…