Detroit Edison Co. v. Department of Revenue

Plaintiff herein claims the right to recover from the State certain taxes paid by it for the calendar years 1940 to 1944, inclusive, on intangible personal property. The payments in question were made under the provisions of Act No. 301, Pub. Acts. 1939 (Comp. Laws Supp. 1940, § 3658-1 et seq., Stat. Ann. 1940 Cum. Supp. §7.556 [1] et seq.), the constitutionality of which was upheld by this Court in Shivel v. Kent County Treasurer, 295 Mich. 10. The act specifies the classes of intangible personal property subject thereto, provides the rates of taxation and method of computation, allows…