United States Shoe Corp. v. Department of Revenue

NIMMONS, Judge.

This appeal concerns an assessment of an intangible personal property tax in excess of $24,000 under Chapter 199, Florida Statutes, by the Department of Revenue (Department) against the United States Shoe Corporation (U.S. Shoe) for the years 1980 through 1983 against certain accounts receivable held by U.S. Shoe and owed by Florida debtors. After commencing suit in the Circuit Court, pursuant to Section 72.-011, Florida Statutes, U.S. Shoe entered into a stipulation of facts with the Department whereupon each party moved for summary judgment in its favor. The Circuit Court…