SunTrust Bank, Nashville v. Johnson

OPINION

in which TODD, P.J., M.S., and CANTRELL, J., joined.

This appeal involves a dispute between a commercial bank and the Tennessee Department of Revenue regarding the bank’s claim for a refund of the sales taxes paid in connection with defaulted retail installment sales contracts purchased from various automobile dealers. After the Department denied its refund claim, the bank sued the Commissioner of Revenue in the Chancery Court for Davidson County seeking a refund. Both parties eventually sought a summary judgment. The trial court granted the Commissioner’s motion for summary judgment…