Montgomery Ward & Co. v. Department of Taxation

The facts are nqt in dispute. The main facts are stipulated. The validity of the privilege dividend tax law is conceded. Appellant is an Illinois'corporation, having its. principal office in Chicago, and during the period in question it conducted a general merchandising business in forty-seven states of the United States, including Wisconsin, being duly authorized to. transact such business.

Its business in Wisconsin consists of operating a number of retail general-merchandise stores. The cash receipts of each ' store, less such amounts as the local manager uses to pay certain local expenses,…