« Environment - "John Oliver vs. chicken" - the contract poultry business | Main | Vacancy on COA - A first look at the applications »

Wednesday, June 03, 2015

Ind. Decisions - Tax Court issues an opinion today

In Pinnacle Entertainment, Inc. v. Indiana Department of State Revenue, an 11-page opinion, Sr. Judge Fisher writes:

Pinnacle Entertainment, Inc. has appealed the Indiana Department of State Revenue's assessments of Indiana adjusted gross income tax for the 2006 and 2007 tax years. The matter, currently before the Court on the parties' cross-motions for partial summary judgment, presents two issues for the Court to decide:

I. Whether an apportioned sum of the gain generated by Pinnacle's sale of a racetrack and card club is attributable to this state under Indiana Code ยง 6-3-2-2.2; and if so,

II. Whether the Department correctly classified Pinnacle's gain as business income. * * *

For the above-stated reasons, the Court, with respect to Issue I, GRANTS summary judgment in favor of the Department and against Pinnacle. With respect to Issue II , the Court DENIES summary judgment to either party. Accordingly, the Court ORDERS the parties to file a joint case management plan with proposed order within thirty (30) days.

Posted by Marcia Oddi on June 3, 2015 06:50 PM
Posted to Ind. Tax Ct. Decisions