Serodino, Inc. v. Woods

OPINION

HARBISON, Justice.

In this case appellant seeks recovery of Tennessee sales and use taxes paid under protest. The Chancellor dismissed the suit, holding that the transactions out of which it arose were taxable. We affirm that decision.

The taxpayer is a Tennessee corporation engaged in business activities in and near the navigable waterways of this and other states. Its principal offices are in Chattanooga, but it maintains extensive facilities for dry-docking, repair and launching of river barges and other vessels at a shipyard on the Tennessee River at Hale’s Bar, near Guild,…