Legal Opinion
Meyer v. Charnes
Colorado Court of Appeals
Decided February 14, 1985No. 84CA0114PublishedCited by 11 opinions
1Opinion of the Court
BABCOCK, Judge.
Arthur Meyer, Monroe Seifer, Theodore Jabara, and the estate of Phillip Fisher by its personal representatives (taxpayers) appeal from the judgment of the trial court entered upon a review of a ruling by the Colorado Department of Revenue (department). We reverse.
The issue is whether Subchapter S corporate distributions of income to nonresident shareholders are taxable as income to the shareholders individually pursuant to § 39-22-115(2)(b), C.R.S. (1982 Repl. Vol. 16B). We hold that they are not.
Denver Motel Enterprises (DME), which owns and operates a motel in Denver, is a…
2Cases cited9 opinions
- Thayer v. StateSupreme Court of Florida · 1976
- Ingram v. CooperSupreme Court of Colorado · 1985
- Transponder Corp. of Denver v. Property Tax AdministratorSupreme Court of Colorado · 1984
- BQP Industries, Inc. v. State Board of EqualizationColorado Court of Appeals · 1984
- Mooney v. KuiperSupreme Court of Colorado · 1978
4 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- People v. YoungSupreme Court of Colorado · 1991
- Colorado State Board of Medical Examiners v. SaddorisSupreme Court of Colorado · 1992
- Buder v. Sartore ex rel. BuderSupreme Court of Colorado · 1989
- Valentino v. Franchise Tax BoardCalifornia Court of Appeal · 2001
- Frey v. Adams County School District No. 14Supreme Court of Colorado · 1991
6 more not listed; retrieve them via the Exa API.