FIRST NAT'L LEASING & FIN. CORP. v. ZAGEL

No. 15530.

80 Ill. App.3d 358 (1980)

399 N.E.2d 994

FIRST NATIONAL LEASING & FINANCIAL CORPORATION, Plaintiff-Appellee, v. JAMES B. ZAGEL, Director, Department of Revenue, Defendant-Appellant.

Appellate Court of Illinois — Fourth District.

Opinion filed January 21, 1980.


Attorney(s) appearing for the Case

William J. Scott, Attorney General, of Chicago (George H. Klumpner, Assistant Attorney General, of counsel), for appellant.

Routman, Lawley & O'Hara, Ltd., of Springfield, for appellee.


Judgment reversed.

Mr. JUSTICE CRAVEN delivered the opinion of the court:

In an administrative review action, the circuit court of Macoupin County reduced the Illinois Department of Revenue's (Department) assessment of use tax liability against the taxpayer, First National Leasing and Financial Corporation. The court allowed the taxpayer to take a rolling stock exemption for the period of July 1, 1973, through...

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