Roxane Laboratories, Inc. v. Tracy

[This opinion has been published in Ohio Official Reports at 75 Ohio St.3d 125.] ROXANE LABORATORIES, INC., APPELLANT, v. TRACY, TAX COMMR., APPELLEE. [Cite as Roxane Laboratories, Inc. v. Tracy,

1996-Ohio-257.] Taxation—Franchise tax—Combination of net incomes of corporations—Former R.C. 5733.052(B), construed—Compliance with filing deadline by one corporation satisfies R.C. 5733.05(B)’s requirement of making an election in a timely report. (No. 94-1242—Submitted January 24, 1996—Decided March 4, 1996.) APPEAL from the Board of Tax Appeals, Nos. 92-X-1186 and 92-X-253. __________________ {¶…