Tuesday, October 25, 2011
Ind. Decisions - Tax Court posts one NFP today
In AE Outfitters Retail Co. v. Indiana Dept. of State Revenue (NFP), a 6-page opinion, Sr. Judge Fisher writes:
The issue for the Court to decide is whether the Department must apply each of the methodologies listed in Indiana Code sections 6-3-2-2(l) and (m) before it may compel a taxpayer to report its Indiana AGI liability using a combined income tax return under Indiana Code section 6-3-2-2(p). * * *
Indiana Code section 6-3-2-2(p) requires that the Department apply all of the methodologies in sections 6-3-2-2(l) and (m) before it may require a taxpayer to report its AGI liability via a combined income tax return. Consequently, AE Outfitters’ motion for partial summary judgment is GRANTED.
Posted by Marcia Oddi on October 25, 2011 03:43 PM
Posted to Ind. Tax Ct. Decisions