Legal Opinion
ASARCO Inc. v. Idaho State Tax Commission
Supreme Court of the United States
Decided October 18, 1982No. 80-2015PublishedCited by 209 opinions
1Opinion of the CourtJustice Powell
The question is whether the State of Idaho constitutionally may include within the taxable income of a nondomiciliary *309parent corporation doing some business in Idaho a portion of intangible income — such as dividend and interest payments, as well as capital gains from the sale of stock — that the parent receives from subsidiary corporations having no other connection with' the State.
I
This case involves corporate income taxes that appellee Idaho State Tax Commission sought to levy on appellant ASARCO Inc. for the years 1968,1969, and 1970. ASARCO is a corporation that mines, smelts, and…
2Cases cited24 opinions
- Insurance Corp. of Ireland v. Compagnie Des Bauxites De GuineeSupreme Court of the United States · 1982
- Wisconsin v. J. C. Penney Co.Supreme Court of the United States · 1941
- Northwestern States Portland Cement Co. v. MinnesotaSupreme Court of the United States · 1959
- Mobil Oil Corp. v. Commissioner of Taxes of Vt.Supreme Court of the United States · 1980
- Moorman Manufacturing Co. v. BairSupreme Court of the United States · 1978
19 more not listed; retrieve them via the Exa API.
3Cited by209 opinions
- Container Corp. of America v. Franchise Tax BoardSupreme Court of the United States · 1983
- Allied-Signal, Inc. Ex Rel. Bendix Corp. v. Director, Division of TaxationSupreme Court of the United States · 1992
- Texaco-Cities Service Pipeline Co. v. McGawIllinois Supreme Court · 1998
- Ramsay, Scarlett & Co. v. Comptroller of TreasuryCourt of Appeals of Maryland · 1985
- Barclays Bank PLC v. Franchise Tax Bd. of Cal.Supreme Court of the United States · 1994
204 more not listed; retrieve them via the Exa API.