Legal Opinion
W. R. Grace & Co. v. Commissioner of Revenue
Massachusetts Supreme Judicial Court
Decided July 31, 1979PublishedCited by 18 opinions
1Opinion of the CourtLiacos, J.
W. R. Grace & Co. (Grace, or the company), a Connecticut corporation doing business in Massachusetts, sold its stock interests in the Miller Brewing Company and several other companies in 1969, realizing a significant net gain. This appeal from a decision of the Appellate Tax Board (board) presents the question whether the Commissioner of Corporations and Taxation of the State Tax Commission (Commissioner) 2 properly included that gain as income subject to apportionment under the Massachusetts corporation excise, G. L. c. 63, §38.
General Laws c. 63, § 39, requires that every foreign…
2Cases cited23 opinions
- Corn Products Refining Co. v. CommissionerSupreme Court of the United States · 1956
- Wisconsin v. J. C. Penney Co.Supreme Court of the United States · 1941
- Commonwealth v. SoaresMassachusetts Supreme Judicial Court · 1979
- Moorman Manufacturing Co. v. BairSupreme Court of the United States · 1978
- Hans Rees' Sons, Inc. v. North Carolina Ex Rel. MaxwellSupreme Court of the United States · 1931
18 more not listed; retrieve them via the Exa API.
3Cited by18 opinions
- Mobil Oil Corp. v. Commissioner of Taxes of Vt.Supreme Court of the United States · 1980
- Earth Resources Co. of Alaska v. State, Department of RevenueAlaska Supreme Court · 1983
- Polaroid Corp. v. Commissioner of RevenueMassachusetts Supreme Judicial Court · 1984
- Boston Professional Hockey Ass'n v. Commissioner of RevenueMassachusetts Supreme Judicial Court · 2005
- District of Columbia v. Pierce Associates, Inc.District of Columbia Court of Appeals · 1983
13 more not listed; retrieve them via the Exa API.