HARDWARE WHOLESALERS v. DEPT. OF ST. REV.

No. 49T05-8903-TA-00008.

597 N.E.2d 1339 (1992)

HARDWARE WHOLESALERS, Inc., Petitioner, v. Indiana Department of State Revenue, Respondent.

Tax Court of Indiana.

August 26, 1992.


Attorney(s) appearing for the Case

David A. Haist, Melani W. Wilson, John C. Barce, Barnes & Thornburg, Fort Wayne, for petitioner.

Linley E. Pearson, Atty. Gen., Marilyn S. Meighen, Deputy Atty. Gen., Indianapolis, for respondent.


FISHER, Judge.

Hardware Wholesalers, Inc. (HWI) claims a refund from the Indiana Department of State Revenue (the Department) of intangibles tax assessed and collected together with interest in the amount of $67,391.73 for the years 1983, 1984, and 1985, plus additional interest accrued. Pursuant to IND. CODE 6-5.1-2-1 (repealed 1989), the tax was assessed on transactions involving the transfer of HWI's excess cash holdings. This case is before the court on the HWI...

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