Legal Opinion
City of Martinsville v. Tultex Corp.
Supreme Court of Virginia
Decided June 9, 1989No. Record 870673PublishedCited by 5 opinions
1Opinion of the CourtJustice Stephenson
The sole issue in this appeal is whether, for tax purposes, certain equipment should be classified as capital or tangible personal property.
Tultex Corporation (Tultex) and BameriLease, Inc. (BameriLease) filed an application for correction of alleged erroneous assessment of tangible personal property taxes against the City of Martinsville for the tax years 1982, 1983, and 1984. The property assessed was certain computer and computer-related equipment (Computer Equipment) that BameriLease had leased to Tultex during the three-year period. Tultex and BameriLease contended at trial, as they do…
2Cases cited4 opinions
- Winston v. City of RichmondSupreme Court of Virginia · 1954
- Carter v. NelmsSupreme Court of Virginia · 1963
- City of Portsmouth v. City of ChesapeakeSupreme Court of Virginia · 1964
- City of Roanoke v. James W. Michael's Bakery Corp.Supreme Court of Virginia · 1942
3Cited by5 opinions
- City of Winchester v. American Woodmark Corp.Supreme Court of Virginia · 1995
- Coca-Cola Bottling Co. of Roanoke, Inc. v. County of BotetourtSupreme Court of Virginia · 2000
- McCauley v. Purdue Pharma, L.P.District Court, W.D. Virginia · 2002
- American Woodmark Corp. v. City of WinchesterWinchester County Circuit Court · 1994
- Bonner v. WatkinsRichmond County Circuit Court · 2000