RAGLAND v. K-MART CORP.

No. 81-136.

624 S.W.2d 430 (1981)

Charles RAGLAND, Commissioner of Revenues, Department Finance and Administration, State of Arkansas, Appellant, v. K-MART CORPORATION, Appellee.

Supreme Court of Arkansas.

November 23, 1981.


Attorney(s) appearing for the Case

James R. Eads, Jr., Joseph V. Svoboda, H. Thomas Clark, Jr., Timothy J. Leathers, Kelly S. Jennings, Wayne Zakrzewski by Cassandra Wilkins-Slater, Little Rock, for appellant.

Rose Law Firm by C. Brantly Buck, Little Rock, for appellee.


ADKISSON, Chief Justice.

Appellee, K-Mart, is a retail discount chain operating seven stores in Arkansas. Appellant conducted a use and sales tax audit of K-Mart for the period of April 1, 1974, through December 31, 1977. This audit resulted in the assessment of a use tax deficiency of $17,280.13 and a sales tax deficiency of $55,475.89. Each sum includes interest and 10% penalty. K-Mart paid the assessed sums under protest and filed suit for refund under the procedure...

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