Legal Opinion
In Re: Envirodyne Industries, Inc., Debtors-Appellees. Appeal Of: Illinois Department of Revenue
Court of Appeals for the Seventh Circuit
Decided January 26, 2004No. 02-1632PublishedCited by 1 opinion
1Opinion of the Court
POSNER, Circuit Judge.
The Illinois income tax statute requires firms that constitute a “unitary business group” to file a consolidated (called a “combined”) return. 35 ILCS 5/502(e); Ill. Admin. Code tit. 86, § 100.5200. The quoted term signifies “a group of persons related through common ownership whose business activities are integrated with, dependent upon and contribute to each other.” . 35 ILCS 5/1501(a)(27). They must be “functionally integrated through the exercise of strong centralized management (where, for example, authority over such matters as purchasing, financing, tax…
2Cases cited16 opinions
- Raleigh v. Illinois Department of RevenueSupreme Court of the United States · 2000
- Container Corp. of America v. Franchise Tax BoardSupreme Court of the United States · 1983
- Mobil Oil Corp. v. Commissioner of Taxes of Vt.Supreme Court of the United States · 1980
- Allied-Signal, Inc. Ex Rel. Bendix Corp. v. Director, Division of TaxationSupreme Court of the United States · 1992
- FW Woolworth Co. v. Taxation and Revenue Dept. of NMSupreme Court of the United States · 1982
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3Cited by1 opinion
- Clarcor v. HamerAppellate Court of Illinois · 2012