SPANG STORES, INC. v. COMMONWEALTH


468 Pa. 63 (1976)

360 A.2d 180

SPANG STORES, INC., Appellant, v. COMMONWEALTH of Pennsylvania.

Supreme Court of Pennsylvania.

Decided July 6, 1976.


Attorney(s) appearing for the Case

William T. Marsh, Butler, for appellant.

Eugene J. Anastasio, Deputy Atty. Gen., R. Scott Shearer, Harrisburg, for appellee.

Before JONES, C.J., and EAGEN, O'BRIEN, ROBERTS, POMEROY, NIX and MANDERINO, JJ.


OPINION

JONES, Chief Justice.

Appellant, Spang Stores, Inc., appeals1 the decision of the Commonwealth Court which appraised the actual value of the capital stock of the appellant for the year ended January 31, 1971, pursuant to the Capital Stock Tax,2 at $2,000,000. 17 Pa.Cmwlth. 448, 333 A.2d 493 (1975).

The taxpayer is a Pennsylvania Corporation...

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