Legal Opinion
Mississippi State Tax Com'n v. Dyer Inv. Co.
Mississippi Supreme Court
Decided May 13, 1987No. 56574PublishedCited by 49 opinions
1Opinion of the Court
507 So.2d 1287 (1987)
MISSISSIPPI STATE TAX COMMISSION
v.
DYER INVESTMENT COMPANY, INC.
No. 56574.
Supreme Court of Mississippi.
May 13, 1987.
Bobby R. Long, Gary W. Stringer, Jackson, for appellant.
Jamie G. Houston, III, Watkins & Eager, Jackson, for appellee.
Before WALKER, C.J., and ROBERTSON and ANDERSON, JJ.
ROBERTSON, Justice, for the Court:
I
This is a corporate franchise tax case. For decision today is whether not-yet-due payments emanating from an installment sale of assets, labeled "deferred gain," are includable in the corporation's statutorily defined capital employed in this state, such…
2Cases cited9 opinions
- Anderson v. LambertMississippi Supreme Court · 1986
- Broadwell Realty Corp. v. CobleSupreme Court of North Carolina · 1977
- Crosby v. BarrMississippi Supreme Court · 1967
- National-Standard Co. v. Department of TreasuryMichigan Supreme Court · 1970
- Monaghan v. Reliance Manufacturing Co.Mississippi Supreme Court · 1959
4 more not listed; retrieve them via the Exa API.
3Cited by49 opinions
- Gill v. Dept. of Wildlife ConservationMississippi Supreme Court · 1990
- Mississippi Department of Environmental Quality v. WeemsMississippi Supreme Court · 1995
- Electronic Data Sys. Corp. v. MS DIV. OF MEDICAIDMississippi Supreme Court · 2003
- Grant Center Hospital of Mississippi, Inc. v. Health Group of Jackson, Mississippi, Inc.Mississippi Supreme Court · 1988
- Kerr-McGee Chemical Corp. v. BuelowMississippi Supreme Court · 1995
44 more not listed; retrieve them via the Exa API.