Hispan Corp. v. State Department of Revenue

HOLMES, Retired Appellate Judge.

Hispan Corporation appeals from the judgment of the Circuit Court of Morgan County that upheld the denial of a foreign franchise tax deduction by the Department of Revenue of the State of Alabama against Hispan Corporation for the tax years 1990 and 1991, and assessed Hispan with an additional franchise tax for the calendar years 1988 through 1991.

The following facts are largely undisputed: In April 1988 David Peirson, a representative for Hispan, met with various individuals from the State of Alabama, including representatives from the Governor’s office, the…