Eagle Machine Co. v. Commonwealth ex rel. Gillis

HOWARD, Judge.

Eagle Machine Co., Inc., appeals from a Franklin Circuit Court judgment upholding jeopardy assessments of corporation income and license taxes.

In October of 1979, the appellee, Department of Revenue, sent to Eagle Machine notices of taxes due for the periods of 1976, 1977, and 1978. During those periods, the company did not file any tax returns. The appellee issued jeopardy assessments to Eagle Machine pursuant to KRS 131.150(1). The company filed a written protest challenging these assessments as provided for in KRS 131.110(1). In January of 1980, Eagle Machine submitted tax…