Davis v. Arizona Department of Revenue

OPINION

BERCH, Presiding Judge.

¶ 1 Lisa Marie Davis, Brett Davis, and David L. Fowler (“taxpayers”) appeal from summary judgment for the Arizona Department of Revenue (“ADOR”) on their challenge to ADOR’s denial of credits on their individual tax returns for corporate income taxes paid to Hawaii by Kaloko Land Corporation, an S corporation. The question presented is whether S corporation shareholders are entitled to credits against their Arizona individual income tax liabilities for their pro rata shares of the corporate income tax paid by Kaloko Corporation to the State of Hawaii.

BACKGROUND

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