Legal Opinion
First Chicago NBD Corp. v. Department of State Revenue
Indiana Tax Court
Decided March 31, 1999No. 49T10-9712-TA-00197PublishedCited by 1 opinion
1Opinion of the CourtFisher, J.
First Chicago NBD Corp. f/k/a NBD Ban-corp, Inc. and its many subsidiaries (hereinafter referred to collectively as NBD) challenge the Department of State Revenue’s (Department) decision to assess NBD with additional Financial Institutions Tax (FIT) liability. See Ind.Code Ann. § 6-5.5-2-1 (West Supp.1998). NBD raises one issue for this Court’s consideration:
Whether Ind.Code Ann. § 6-5.5-1-2(a)(7) 1 (West Supp.1998), which requires the add back of taxes “based on or measured by income” to federal taxable income 2 in computing FIT liability, requires the add back of the Michigan Single…
2Cases cited13 opinions
- Trinova Corp. v. Michigan Department of TreasurySupreme Court of the United States · 1991
- Caterpillar, Inc v. Department of TreasuryMichigan Supreme Court · 1992
- State Board of Tax Commissioners v. Jewell Grain Co.Indiana Supreme Court · 1990
- Gillette Co. v. Department of TreasuryMichigan Court of Appeals · 1993
- Mobil Oil Corp. v. Department of TreasuryMichigan Supreme Court · 1985
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3Cited by1 opinion
- Aztar Indiana Gaming Corp. v. Indiana Department of State RevenueIndiana Tax Court · 2004