Informatics, Inc. v. Lindley

Informatics, Inc. appeals from a decision of the Board of Tax Appeals, which affirmed an order of the Tax Commissioner finding Informatics liable for use and sales taxes of $154,080.69, on the basis of rental payments made by Informatics pursuant to leases for computer equipment.

The computer equipment was the subject of leases executed by Management Horizons Data Systems (“MHDS”) during 1973 and 1974. Under the version of R.C. 5739.01(B) then in effect, the leases were exempt from taxation; however, the General Assembly amended the tax laws on August 27, 1976 (see 136 Ohio Laws, Part II,…