ROBERTS v. LIPSON

28034.

231 Ga. 142 (1973)

200 S.E.2d 722

ROBERTS v. LIPSON.

Supreme Court of Georgia.

Decided September 6, 1973.

Rehearing Denied October 4, 1973.


Attorney(s) appearing for the Case

Martin H. Peabody, Alston, Miller & Gaines, for appellant.

Powell, Goldstein, Frazer & Murphy, Elliott Goldstein, William L. Kinzer, Walter E. Moeling, IV, for appellee.

Arthur K. Bolton, Attorney General, Richard L. Chambers, H. Perry Michael, Assistant Attorneys General, amicus curiae.


UNDERCOFLER, Justice.

The issue here is whether a Georgia taxpayer is required to pay intangible tax for the year 1970 on the stock of an undomesticated foreign corporation which has qualified to do business in Georgia. The trial court entered judgment for the taxpayer. The Fulton County Tax Commissioner appeals. Held:

The corporation qualified to do business in Georgia in 1955 as an undomesticated foreign corporation as was then required by Ga. L....

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