American Inv. Corp. v. State Tax Commission

LARSON, Justice.

This is a proceeding to review a decision of the State Tax Commission of Utah, hereinafter called the commission, directing plaintiff to pay a deficiency upon its corporation franchise tax for the year 1937. There is no dispute as to the facts. The plaintiff is a Nevada corporation, authorized to do business in Utah. Most of its stock was owned, and it was dominated and controlled by men residing at Ogden, Utah. During 1937 the books of the plaintiff company were kept at Ogden; directors meetings were held there; its bank account was kept there, and such disbursements as it…