Lancaster Laboratories, Inc. v. Commonwealth

McGINLEY, Judge.

Lancaster Laboratories Inc. (Lancaster) appeals from an order of the Board of Finance and Revenue (Board), dated March 29, 1988, that sustained a Board of Appeals’ decision denying Lancaster’s petition for resettlement of the Department of Revenue’s (Department) initial resettlement, in the nature of an increase, of Lancaster’s 1984-85 capital stock tax from $4,291.59 to $18,108.13. The Board based its order on the grounds that Lancaster is not entitled to claim the manufacturing or the research and development exemption set forth under Section 602(a) of the Tax Reform Code of…