Dow Chemical Co. v. Department of Revenue

Dow Chemical Company appeals the decision of the circuit court affirming the Illinois Department of Revenue’s (the Department’s) determination that it was barred by the statute of limitations from filing for a $401,237 overpayment which first came to light following the Department’s reaudit of Dow’s tax returns for 1975 through 1978. We affirm the decision of the circuit court.

Appellant Dow Chemical Company is a corporation doing business in Illinois and organized under the laws of the State of Delaware. The Department conducted an audit of Dow’s tax returns for the years 1975 through 1978…