MATTER OF C. BREWER & CO., LTD.

No. 7311.

649 P.2d 1155 (1982)

In the Matter of the Tax Appeal of C. BREWER AND COMPANY, LIMITED, Taxpayer.

Supreme Court of Hawaii.

August 31, 1982.


Attorney(s) appearing for the Case

Jack Spradlin, Honolulu, for taxpayer-appellant.

T. Bruce Honda, Deputy Atty. Gen., Honolulu, for appellee Director of Taxation.

Before RICHARDSON, C.J., LUM and NAKAMURA, JJ., and Retired Justices OGATA and MENOR, assigned temporarily.


NAKAMURA, Justice.

C. Brewer & Company, Limited, a Hawaii corporation (Brewer or the taxpayer), appeals from a decision of the Tax Appeal Court sustaining the assessment of general excise taxes on the value of services it rendered on behalf of or furnished to wholly owned subsidiary corporations and the interest on funds borrowed and disbursed on their account. The taxpayer maintains the transactions in question were not within the purview of the general excise...

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