Foster v. State Tax Assessor

CLIFFORD, Justice.

[¶ 1] Robert H. and Caroline M. Foster and Amr and Mary Ismail appeal from the judgment entered in the Superior Court (Kennebec County, Alexander, J.) affirming the State Tax Assessor’s denial of certain income tax credits pursuant to the investment tax credit statute,' 36 M.R.S.A § 5219-E (Supp.1996). 1 They contend that the court erred by concluding that a wastewater pretreatment facility did not constitute machinery or equipment eligible for the investment tax credit and by concluding that the facility was not used directly in the production of tangible personal property.…