Fall Creek Construction Co. v. Director of Revenue

WILLIAM RAY PRICE, JR., Judge.

I

Fall Creek Construction Company seeks review of the decision of the Administrative Hearing Commission (“AHC”) that Fall Creek is liable for $43,369.63 in use tax, plus accrued interest, on its fractional ownership interests in two aircraft enrolled in a fractional ownership program. The decision of the AHC is affirmed.

II

The underlying facts are not in dispute. Fall Creek is a real estate development company with its principal place of business in Branson, Missouri. Fall Creek develops real estate in Missouri, Mississippi, Arizona, Virginia and Tennessee. Fall…