Legal Opinion
F.A. Wilhelm Construction Co. v. Indiana Department of State Revenue
Indiana Tax Court
Decided February 17, 1992No. 49T10-9103-TA-00012PublishedCited by 12 opinions
1Opinion of the Court
FISHER, Judge.
F.A. Wilhelm Construction Co, Inc. (Wilhelm) appeals the denial of its claim for refund of Indiana adjusted gross income tax and Indiana supplemental net income tax assessed by the Indiana Department of State Revenue (the Department) and paid together with interest in the amount of $97,957.73 for the calendar year 1987. This matter is before the court on the parties' cross motions for summary judgment.
ISSUES
I. Whether the "built-in gains" recognized when a subchapter C corporation elects subchapter S corporation status for Federal tax purposes are exempt as a matter of law from…
2Cases cited11 opinions
- Johnson County Farm Bureau Cooperative Ass'n v. Indiana Department of State RevenueIndiana Tax Court · 1991
- Guinn v. LightIndiana Supreme Court · 1990
- Caylor-Nickel Clinic, P.C. v. Indiana Department of State RevenueIndiana Tax Court · 1991
- Wedmore v. StateIndiana Supreme Court · 1954
- C & C Oil Co. v. Indiana Department of State RevenueIndiana Tax Court · 1991
6 more not listed; retrieve them via the Exa API.
3Cited by12 opinions
- Knox County Property Tax Assessment Board of Appeals v. Grandview Care, Inc.Indiana Tax Court · 2005
- Associated Insurance Companies, Inc. v. Indiana Department of State RevenueIndiana Tax Court · 1995
- Cooper Industries, Inc. v. Indiana Department of State RevenueIndiana Tax Court · 1996
- Estate of Hibbs v. Indiana Department of State Revenue, Inheritance Tax DivisionIndiana Tax Court · 1994
- Thorntown Telephone Co. v. State Board of Tax CommissionersIndiana Tax Court · 1992
7 more not listed; retrieve them via the Exa API.