HOGGE, Judge.
This appeal involves the interpretation of KRS 136.070, which imposes a license tax on corporations based on the amount of capital employed in the business. Section two of the statute defines capital as including monies "borrowed for purposes other than current operating expenses and used in lieu of or in addition to invested capital . . ." The appellee, the Department of Revenue, issued assessments against the appellant, Malco, Inc., for additional...
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