Ramrod, Inc. v. Department of Revenue

The issues presented in this case are determined upon stipulated facts.

The taxpayer, a Wisconsin corporation, was engaged in the dry-cleaning business until September 12, 1969. A seller’s permit had been previously issued to the taxpayer for this business pursuant to sec. 77.52, Stats. On September 12, 1969, the taxpayer “ceased operation” of this business by the sale of the tangible personal business property to one Harris for $44,388.93. At oral argument, it was acknowledged that Harris continued the operation of the dry-cleaning business as the new owner. The taxpayer’s sales tax returns…