1. Home
  2. Browse Decisions
  3. S.E.2d
  4. 114 S.E.2d
  5. 114 S.E.2d 655 (1960)
 

PETITION OF VANDERBILT UNIVERSITY

No. 450.

114 S.E.2d 655 (1960)

252 N.C. 743

Petition of the VANDERBILT UNIVERSITY for Judicial Review of the Administrative Decision of the Tax Review Board Relating to North Carolina Income and Franchise Tax Assessments.

Supreme Court of North Carolina.

June 10, 1960.

Attorney(s) appearing for the Case

Smith, Moore, Smith, Schell & Hunter, Greensboro, for petitioner.

Malcolm B. Seawell, Atty. Gen., Lucius W. Pullen, Asst. Atty. Gen., for Commissioner of Revenue.

DENNY, Justice.

If it be conceded that the petitioner, Vanderbilt University is doing business in North Carolina within the meaning of our franchise and income tax laws, it does not follow as a matter of course that the petitioner is liable to the State of North Carolina for such taxes in light of the exemptive provisions in our Revenue Act.

The determinative question on this appeal is whether or not Vanderbilt University is liable for franchise taxes pursuant...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases