In Re Goodyear T. & R. Co., Corp. Income T., 1966, 1967, 1968

This is an appeal from a decision of the Windsor County Court upholding the determination of the Commissioner of Taxes refusing to modify the apportionment formula provided in 32 V.S.A. § 5833 as requested by Goodyear Tire & Rubber Company. The apportionment formula in question was used to allocate a fair and equitable portion of Goodyear’s income derived from business activity conducted both within and without Vermont to be subject to Vermont’s corporate income tax for the calendar years 1966 through 1969. Goodyear points out that the Commissioner’s refusal to modify the formula resulted in…