Legal Opinion
First National Leasing v. Indiana Department of State Revenue
Indiana Tax Court
Decided August 19, 1992No. 49T10-9105-TA-00024PublishedCited by 14 opinions
1Opinion of the Court
FISHER, Judge.
First National Leasing and Financial Corporation (First National) petitions the court to set aside the final determination of the Indiana Department of State Revenue (Department) assessing Indiana gross income tax in the amount of $25,482.97 plus interest and penalties on its rental income received from the lease of equipment to its wholly owned subsidiary, Hulcher Services, Inc. (Hulcher) from September 80, 1976, through September 80, 1986.
FACTS
First National, currently known as First Financial Resources, Incorporated, is a Delaware corporation. First National's corporate…
2Cases cited20 opinions
- Complete Auto Transit, Inc. v. BradySupreme Court of the United States · 1977
- Moline Properties, Inc. v. CommissionerSupreme Court of the United States · 1943
- Goldberg v. SweetSupreme Court of the United States · 1989
- Johnson County Farm Bureau Cooperative Ass'n v. Indiana Department of State RevenueIndiana Tax Court · 1991
- Thomas v. FoglioOregon Supreme Court · 1961
15 more not listed; retrieve them via the Exa API.
3Cited by14 opinions
- Bethlehem Steel Corp. v. Indiana Department of State RevenueIndiana Tax Court · 1992
- Indiana Department of State Revenue v. Bethlehem Steel Corp.Indiana Supreme Court · 1994
- Indiana-Kentucky Electric Corp. v. Indiana Department of State RevenueIndiana Tax Court · 1992
- SFN Shareholders Grantor Trust v. Indiana Department of State RevenueIndiana Tax Court · 1992
- Enterprise Leasing Co. of Chicago v. Indiana Department of State RevenueIndiana Tax Court · 2002
9 more not listed; retrieve them via the Exa API.