DOW CHEMICAL CO. v. DEPARTMENT OF TREASURY

Docket No. 117858.

185 Mich. App. 458 (1990)

462 N.W.2d 765

DOW CHEMICAL COMPANY v. DEPARTMENT OF TREASURY

Michigan Court of Appeals.

Decided September 12, 1990.


Attorney(s) appearing for the Case

David Brady, for petitioner.

Frank J. Kelley, Attorney General, Gay Secor Hardy, Solicitor General, and Richard R. Roesch and Ross H. Bishop, Assistant Attorneys General, for respondent.

Before: GRIBBS, P.J., and HOOD and T.J. LESINSKI, JJ.


PER CURIAM.

Petitioner, Dow Chemical Company, appeals as of right from the May 23, 1989, opinion and judgment of the Michigan Tax Tribunal affirming the single business tax liability assessed against Dow by respondent, Michigan Department of Treasury. The liability arose out of the department's finding that Dow's transfer of its oil and gas division constituted a sale requiring recapture of a capital acquisition deduction...

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