Hellertown Manufacturing Co. v. Commonwealth

OPINION

MANDERINO, Justice.

Appellant, Hellertown Manufacturing Company, is a Delaware corporation authorized to do business in Pennsylvania. Appellant filed its Pennsylvania corporate net income tax return in 1971 pursuant to the Tax Reform Code of 1971, Act of March 4, 1971, P.L. 6, Art. I, § 101, as amended, 72 P.S. § 7201 (Supp.1978) indicating a tax liability of $77,745. Appellee, the Commonwealth, in determining appellant’s corporate net income tax, increased the tax to $111,818.34. The Board of Finance and Revenue ordered a resettlement with a taxation figure of $107,976.24. The…