Legal Opinion
Town & Country Dodge, Inc. v. Department of Treasury
Michigan Supreme Court
Decided January 14, 1985No. Docket Nos. 70437, 70438, 70554. (Calendar No. 11)PublishedCited by 47 opinions
1Opinion of the CourtRyan, J.
We are called upon to determine, within the context of automobile dealer financing, whether certain payments to dealerships by financial institutions are "interest” for the purpose of the Single Business Tax Act (SBTA), MCL 208.1 et seq.; MSA 7.558(1) et seq., and are thus excludable from the single business tax base. We decide that those payments are not interest and that the monies received are properly included in the tax base upon which the single business tax is assessed.
I. Procedural History
Appellants operate automobile dealerships. Each appellant has been assessed a single business tax…
2Cases cited20 opinions
- New Colonial Ice Co. v. HelveringSupreme Court of the United States · 1934
- Deputy, Administratrix v. Du PontSupreme Court of the United States · 1940
- Old Colony Railroad v. CommissionerSupreme Court of the United States · 1932
- Commissioner v. National Alfalfa Dehydrating & Milling Co.Supreme Court of the United States · 1974
- Lynch v. Alworth-Stephens Co.Supreme Court of the United States · 1925
15 more not listed; retrieve them via the Exa API.
3Cited by47 opinions
- Lorencz v. Ford Motor Co.Michigan Supreme Court · 1992
- Popma v. Auto Club Ins. Ass'n.Michigan Supreme Court · 1994
- Polkton Charter Township v. PellegromMichigan Court of Appeals · 2005
- Caterpillar, Inc v. Department of TreasuryMichigan Supreme Court · 1992
- Great Lakes Div. v. City of EcorseMichigan Court of Appeals · 1998
42 more not listed; retrieve them via the Exa API.