(Download) "Futura Corporation v. State Tax Commission" by Supreme Court of Idaho No. 10082 # eBook PDF Kindle ePub Free
eBook details
- Title: Futura Corporation v. State Tax Commission
- Author : Supreme Court of Idaho No. 10082
- Release Date : January 20, 1968
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 64 KB
Description
This appeal raises one issue of law only, namely, whether dividend income received by the appellant corporation (hereinafter
referred to as the taxpayer) from Boise Cascade Corporation for the fiscal year ending November 30, 1963, must be included
as taxable income to the State of Idaho. In its Idaho State Income Tax Return for the fiscal year ending November 30, 1963, the taxpayer herein failed to include
as taxable income certain monies it had received from diversified sources, to-wit, lease rental income from manufacturing
machinery located outside the State of Idaho and income in the form of dividends from Boise Cascade Corporation.