Legal Opinion
Interstate Finance Corp. v. Department of Taxation
Wisconsin Supreme Court
Decided October 5, 1965PublishedCited by 10 opinions
1Opinion of the CourtBeilfuss, J.
On this appeal the issues are: (1) Were the operations of Interstate in Wisconsin an integral part of a multistate unitary business; (2) if such operations were an integral part of a unitary business was it mandatory that the apportionment method be used to compute the Wisconsin taxable income; and (3) if the apportionment method is used should the income of Interstate’s wholly owned subsidiaries be included in the accounting formula ?
Interstate is engaged principally in automobile financing at both the wholesale and retail levels. The wholesale business involves financing of automobile…
2Cases cited16 opinions
- Hans Rees' Sons, Inc. v. North Carolina Ex Rel. MaxwellSupreme Court of the United States · 1931
- Butler Bros. v. McColgan, Franchise Tax CommissionerSupreme Court of the United States · 1942
- Adams Express Co. v. Ohio State AuditorSupreme Court of the United States · 1897
- Edison California Stores, Inc. v. McColganCalifornia Supreme Court · 1947
- Norfolk & Western Railway Co. v. North Carolina Ex Rel. MaxwellSupreme Court of the United States · 1936
11 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- Department of Revenue v. Exxon Corp.Wisconsin Supreme Court · 1979
- Wisconsin Department of Revenue v. River City Refuse Removal, Inc.Wisconsin Supreme Court · 2007
- Joslin Dry Goods Co. v. DolanSupreme Court of Colorado · 1980
- American Telephone & Telegraph Co. v. Wisconsin Department of RevenueCourt of Appeals of Wisconsin · 1988
- Woller v. Department of TaxationWisconsin Supreme Court · 1967
5 more not listed; retrieve them via the Exa API.