1. Home
  2. Browse Decisions
  3. S.W.2d
  4. 654 S.W.2d
  5. 654 S.W.2d 865 (1983)
 

JAMES v. INTERNATIONAL TEL. & TEL. CORP.

No. 63735.

654 S.W.2d 865 (1983)

Ray S. JAMES, Director of Revenue, Appellant, v. INTERNATIONAL TELEPHONE & TELEGRAPH CORP., et al., Respondent.

Supreme Court of Missouri, En Banc.

August 16, 1983.

Attorney(s) appearing for the Case

John Ashcroft, Atty. Gen., Jay Daugherty, Steven H. Akre, Asst. Attys. Gen., Jefferson City, for appellant.

Rene L. Basile, Barbara E. Boettcher, New York City, Raymond E. Shane, St. Louis, for respondent.

WELLIVER, Judge.

The issue in this case is whether long-term capital gains income of respondent International Telephone & Telegraph Corporation (ITT) from the divestiture of four ITT subsidiaries pursuant to a consent decree constitutes "business income" or "nonbusiness income" for purposes of income allocation and apportionment pursuant to § 32.200, art. IV, RSMo 1969.1

I...

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