1. Home
  2. Browse Decisions
  3. Wn.2d
  4. 96 Wn.2d
  5. 96 Wn.2d 669 (1982)
 

RAINIER BANCORPORATION v. REVENUE

No. 47067-7.

96 Wn.2d 669 (1982)

638 P.2d 575

RAINIER BANCORPORATION, Appellant, v. THE DEPARTMENT OF REVENUE, Respondent.

The Supreme Court of Washington, En Banc.

January 7, 1982.

Attorney(s) appearing for the Case

Graham & Dunn, by James Wm. Johnston and Kent Whiteley, for appellant.

Kenneth O. Eikenberry, Attorney General, and William B. Collins, Assistant, for respondent.

STAFFORD, J.

The sole question is whether Rainier Bancorporation (Rainier) may deduct the income received "from investments and the use of money as such" from the amount to be paid under the Business and Occupation (B & O) tax. We hold that under RCW 82.04.430(1) Rainier is engaged in a "financial business" and thus is ineligible for the statutory deduction.

Rainier is a bank holding company registered with the...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases