(DOWNLOAD) "Futura Corporation v. State Tax Commission" by Supreme Court of Idaho No. 10082 " Book 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.