Legal Opinion
Johnson v. South Carolina Tax Commission
Supreme Court of South Carolina
Decided August 19, 1959No. 17568PublishedCited by 3 opinions
1Opinion of the Court
Taylor, Justice.
The sole question presented in this appeal is: Are the amounts held by the banks or finance companies and credited to Respondents’ reserve account taxable in that respective year by the State of South Carolina?
Appellant, South Carolina Tax Commission, assessed additional income tax against respondents for the years 1949 through 1953, inclusive, in the sum of $3,258.39. This assessment was paid under protest and an action brought to recover the sum so paid, under Section 65-2662, Code of Laws of South Carolina, 1952.
Respondents for these years had reported as gross income sums…
2Cases cited5 opinions
- Spring City Foundry Co. v. CommissionerSupreme Court of the United States · 1934
- Brown v. HelveringSupreme Court of the United States · 1934
- Security Flour Mills Co. v. CommissionerSupreme Court of the United States · 1944
- Commissioner v. HansenSupreme Court of the United States · 1959
- Aluminum Castings Co. v. RoutzahnSupreme Court of the United States · 1930
3Cited by3 opinions
- Adams v. BurtsSupreme Court of South Carolina · 1965
- Hunt v. South Carolina Tax CommissionSupreme Court of South Carolina · 1967
- Woodward v. South Carolina Tax CommissionSupreme Court of South Carolina · 1970