MATTER OF ROCHESTER GAS & ELEC. CORP. v. STATE TAX COMM'N


28 A.D.2d 631 (1967)

In the Matter of Rochester Gas & Electric Corporation, Petitioner, v. State Tax Commission, Respondent In the Matter of The Brooklyn Union Gas Company, Petitioner, v. State Tax Commission, Respondent

Appellate Division of the Supreme Court of the State of New York, Third Department.

May 31, 1967


REYNOLDS, J.

Section 186 imposes upon "Every corporation * * * formed for or principally engaged in the business of supplying * * * gas * * * or electricity * * * a tax * * * [of] * * * three per centum upon the amount of dividends paid during each year ending on the thirty-first day of October in excess of four per centum upon the actual amount of paid in capital employed in this state by such corporation"...

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