PETERS v. COOPER

No. 40847.

88 So.2d 16 (1956)

230 La. 173

F. Lisle PETERS and Mrs. Louise M. Peters v. William A. COOPER, Collector of Revenue, State of Louisiana.

Supreme Court of Louisiana.

May 7, 1956.


Attorney(s) appearing for the Case

A. Leon Hebert, Baton Rouge, for appellants.

Robert L. Roland, George C. Gibson, Levi A. Himes, Baton Rouge, for appellee.


PONDER, Justice.

Plaintiffs brought suit to recover the sum of $1,034.38, together with interest at the rate of 2% per annum, paid under protest as income tax to the Collector of Revenue, State of Louisiana. Plaintiffs allege that this amount should be refunded since, in levying the tax, the State has included in gross income the gains of the sale of certain intangible property (stock) sold outside of the State of Louisiana and that to include same is not warranted...

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