Legal Opinion
Indiana Department of Revenue v. Waterfiled [Sic] Mortgage Co.
Indiana Court of Appeals
Decided February 20, 1980No. 3-279A42PublishedCited by 9 opinions
1Opinion of the Court
STATON, Judge.
Waterfield Mortgage Company, Inc. (Waterfield) filed a complaint seeking a refund of certain gross income taxes it had paid. The trial court concluded that Water-field was entitled to the refund and entered judgment accordingly. The State appeals.
We affirm.
1
Waterfield is engaged in the mortgage banking business. It originates loans with the intention of selling them to permanent investors. The funds for such loans are initially advanced to Waterfield by any one of a number of banks. After the mortgage loan is closed by Waterfield, the mortgage is assigned to the particular bank…
2Cases cited3 opinions
- Indiana Broadcasting Corp. v. Star Stations of IndianaIndiana Court of Appeals · 1979
- American Family Mut. Ins. Company v. BentleyIndiana Court of Appeals · 1976
- Western Adjustment & Inspection Co. v. Gross Income Tax DivisionIndiana Supreme Court · 1957
3Cited by9 opinions
- State v. KingIndiana Court of Appeals · 1980
- United Artists Theatre Circuit, Inc. v. Indiana Department of State Revenue, Gross Income Tax DivisionIndiana Court of Appeals · 1984
- McDaniel v. SageIndiana Court of Appeals · 1981
- Universal Group Ltd. v. Indiana Department of State RevenueIndiana Tax Court · 1993
- Universal Group Ltd. v. Indiana Department of State RevenueIndiana Tax Court · 1994
4 more not listed; retrieve them via the Exa API.