Ford Motor Land Development Corp. v. Comptroller of Treasury

ROBERT M. BELL, Judge.

In these two appeals, consolidated in one record, from judgments entered by the Circuit Court for Baltimore City, Ford Motor Land Development Corporation, appellant, seeks to overturn two actions taken by the Comptroller of the Treasury, appellee, and affirmed by both the Tax Court and the circuit court: his assessment of additional income tax against appellant and his denial of appellant’s claimed refund of taxes already paid. Ford’s attack is double barrelled:

1. Because it had no federal taxable income in 1978, was Ford Land without taxable “net income” in 1978 in…