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Publication Date: 2021-12-14
Practice Area: Tax
Industry: E-Commerce
Court: Delaware Supreme Court
Judge: Justice Traynor
Attorneys: For plaintiff: Anthony J. Testa, Jr., Matthew M. Warren, Michael B. Cooksey, Delaware Department of Justice, Wilmington, DE; Tiffany R. Moseley, Steven S. Rosenthal, Loeb & Loeb, Washington, DC for appellant
for defendant: Frank. J. Gallo, Kyle O. Sollie, Sebastian C. Watt, Benjamin P. Chapple, Reed Smith LLP, Wilmington, DE for appellee
Case Number: D69643
Division of revenue policy limiting the use of net operating loss to the amount claimed on a consolidated federal income tax return was inconsistent with operative state tax law which required each Delaware corporate taxpayer to calculate its income as if it had filed its federal return separately.
January 16, 2015 |
Click Here for FC&S Legal Expert Analysis Lamar Homes, Inc.v.Mid-Continent Cas. Co.242 S.W.3d 1Supreme Court of Texas.LAMAR HOMES,…
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