CLEARWATER FEDERAL SAV. & LOAN ASS'N v. DEPT. OF REV.

No. 77-226.

350 So.2d 1134 (1977)

CLEARWATER FEDERAL SAVINGS & LOAN ASSOCIATION, Petitioner, v. DEPARTMENT OF REVENUE of the State of Florida, Respondent.

District Court of Appeal of Florida, Second District.

October 21, 1977.


Attorney(s) appearing for the Case

David E. Platte of Richards, Nodine, Gilkey, Fite, Meyer & Thompson, Clearwater, for petitioner.

Robert L. Shevin, Atty. Gen., and E. Wilson Crump, II, Asst. Atty. Gen., Tallahassee, for respondent.


HOBSON, Acting Chief Judge.

Petitioner brings this petition to review an administrative order entered by the respondent assessing certain income tax deficiencies against petitioner for the calendar years 1972, 1973 and 1974 under the Florida Income Tax Code.

Petitioner is a federally chartered savings and loan association which prior to the calendar year 1971 used the cash receipts and disbursements method of accounting for federal income tax purposes. Petitioner...

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