F. W. WOOLWORTH COMPANY v. COMMISSIONER OF TAXES

No. 30-71.

298 A.2d 839 (1972)

F. W. WOOLWORTH COMPANY v. COMMISSIONER OF TAXES.

Supreme Court of Vermont, Washington.

December 5, 1972.


Attorney(s) appearing for the Case

Paterson, Gibson, Noble & Brownell, Montpelier, and Michael Bray, of Davies, Hardy, Ives & Lawther, New York City, of counsel, for plaintiff; Coffrin, Pierson, Affolter & Amidon, Burlington, and J. Dwight Evans, and Jerome R. Hellerstein, New York City, of counsel, on amicus brief of Mobil Oil Corp.

James M. Jeffords, Atty. Gen., for defendant; Martin K. Miller, Asst. Atty. Gen., and Murray Drabkin, and Lee H. Spence, Washington, D. C., of counsel.

Before SHANGRAW, C. J., and BARNEY, SMITH, KEYSER and DALEY, JJ.


KEYSER, Justice.

The Vermont tax department under 32 V.S.A. § 5833 assessed additional corporate income taxes against the appellant, F. W. Woolworth Company, totaling $12,735.85 for the years 1966, 1967, 1968 and 1969. Excepting for minor adjustments these assessments resulted from the disallowance of an exclusion from the company's income of the "foreign tax credit dividend grossup" which the appellant had reported as income on its federal income tax return...

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