AMERICAN COMMERCIAL BARGE LINE COMPANY v. MARCUM


360 S.W.2d 134 (1962)

AMERICAN COMMERCIAL BARGE LINE COMPANY et al., Appellants, v. James V. MARCUM, Commissioner of Revenue, etc., Appellee.

Court of Appeals of Kentucky.

Rehearing Denied October 5, 1962.


Attorney(s) appearing for the Case

James W. Stites, Louisville, for appellant.

William S. Riley, Bradford T. Garrison, Francis D. Burke, Hunter B. Whitesell, Frankfort, for appellees.


CLAY, Commissioner.

This suit challenges the right of the Commonwealth to impose an income tax upon three foreign corporations under KRS 141.040, based upon taxable net income allocable to business or activities carried on in Kentucky as a part of their interstate operations. The nature of these operations and certain controlling principles of law are set forth in Union Barge Line Corporation et al. v. Marcum, Ky., 360 S.W.2d 130

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