Pledger v. Illinois Tool Works, Inc.
Supreme Court of Arkansas
1Opinion of the Court
Tom Glaze, Justice.
This tax case addresses for the first time the effect of the “unitary business principle” on Arkansas’s Uniform Division of Income for Tax Purposes Act (UDITPA), Ark. Code Ann. §§ 26-51-701 —to— 723 (1987, Supp. 1989). This Act governs how Arkansas imposes its respective corporate and franchise taxes on the earnings of corporations that have multistate and multinational entities. UDITPA is designed to fairly apportion among the states in which a corporation conducts its multistate business a fair amount of value or business income earned by the corporations’ activities in…
Also in this document: Dissent.
2Cases cited10 opinions
- 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
- Exxon Corp. v. Department of Revenue of Wis.Supreme Court of the United States · 1980
- ASARCO Inc. v. Idaho State Tax CommissionSupreme Court of the United States · 1982
- FW Woolworth Co. v. Taxation and Revenue Dept. of NMSupreme Court of the United States · 1982
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3Cited by11 opinions
- Edwards v. NeuseSupreme Court of Arkansas · 1993
- American Honda Motor Co., Inc. v. Larry Walther, Director, Arkansas Department of Finance and AdministrationSupreme Court of Arkansas · 2020
- Land O'Frost, Inc. v. PledgerSupreme Court of Arkansas · 1992
- Office of Child Support Enforcement v. PyronSupreme Court of Arkansas · 2005
- Hoffman v. GregorySupreme Court of Arkansas · 2005
6 more not listed; retrieve them via the Exa API.