Commonwealth v. After Six, Inc.

Opinion by

Judge Rogers,

Both After Six, Inc., a domestic corporation, and the Commonwealth of Pennsylvania have appealed a resettlement by the Board of Finance and Revenue of After Six’s capital stock tax for its fiscal year ending June 30,1972.

The number and complexity of the statutes governing the imposition of the capital stock tax suggest a preliminary discussion of these provisions. By Section 602(a) of the Tax Reform Code of 1971 (Tax Reform Code),1 72 P.S. §7602(a), a tax at the rate of 10 mills is imposed upon the taxable value of all capital stock of a domestic corporation.2 The…