Legal Opinion
Macy's East, Inc. v. Commissioner of Revenue
Massachusetts Supreme Judicial Court
Decided May 27, 2004PublishedCited by 10 opinions
1Opinion of the CourtGreaney, J.
We transferred this case to this court on our own motion to decide whether, under Massachusetts law, the tax*798payer, Macy’s East, Inc. (Macy’s East), may carry forward and deduct, for State corporate excise tax purposes, premerger net operating losses (NOLs), generated by four entities it absorbed in various mergers. The Appellate Tax Board (board) concluded that Macy’s East may not carry forward and deduct these NOLs, and affirmed the Commissioner of Revenue’s (commissioner’s) denial of Macy’s East’s applications for abatement and amended corporate excise tax returns for the taxable period…
2Cases cited14 opinions
- Butner v. United StatesSupreme Court of the United States · 1979
- In Re Prudential Lines Inc.Court of Appeals for the Second Circuit · 1991
- Richard's Auto City, Inc. v. Director, Division of TaxationSupreme Court of New Jersey · 1995
- Koch v. Commissioner of RevenueMassachusetts Supreme Judicial Court · 1993
- First Federal Savings & Loan Ass'n v. State Tax CommissionMassachusetts Supreme Judicial Court · 1977
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3Cited by10 opinions
- AA Transportation Co. v. Commissioner of RevenueMassachusetts Supreme Judicial Court · 2009
- Raytheon Co. v. Commissioner of RevenueMassachusetts Supreme Judicial Court · 2009
- In re the Valuation of MCI WorldCom Network Services, Inc.Massachusetts Supreme Judicial Court · 2009
- Drake v. Massachusetts Department of Revenue (In Re Drake)United States Bankruptcy Court, D. Massachusetts · 2010
- Global Companies, LLC v. Commissioner of RevenueMassachusetts Supreme Judicial Court · 2011
5 more not listed; retrieve them via the Exa API.