COMMERCIAL EQUITIES CORP. v. TOLLETT


596 S.W.2d 801 (1980)

COMMERCIAL EQUITIES CORP., Plaintiff-Appellant, v. Bob TOLLETT, Commissioner of Revenue of the State of Tennessee, Defendant-Appellee.

Supreme Court of Tennessee.

March 24, 1980.


Attorney(s) appearing for the Case

Stanly T. Snodgrass, Snodgrass & Kresge, Nashville, for plaintiff-appellant.

William M. Leech, Jr., Atty. Gen., Jim G. Creecy, Asst. Atty. Gen., Nashville, for defendant-appellee.


HENRY, Justice.

This is a suit for the refund of corporate franchise taxes paid under protest for the tax years 1972, 1973 and 1974. Plaintiff taxpayer is a Tennessee corporation engaged, according to its charter, in the business of "construction, ownership, sale, lease and other disposition of real property." During the tax years in question plaintiff's only business undertaking was the construction and lease of Airways Plaza, an office building complex located in...

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