INDIANA DEPT. OF STATE REV. v. HORIZON

No. 49S10-9404-TA-392.

644 N.E.2d 870 (1994)

INDIANA DEPARTMENT OF STATE REVENUE, Appellant, v. HORIZON Bancorp and First Citizens Bank, N.A., Appellee.

Supreme Court of Indiana.

December 29, 1994.


Attorney(s) appearing for the Case

Pamela Carter, Atty. Gen., David A. Arthur, Deputy Atty. Gen., Indianapolis, for appellant.

Paul F. Lindemann, Jeffery S. Dorman, Garry R. Stamm, Krieg DeVault Alexander & Capehart, Indianapolis, for appellee.


PER CURIAM.

We granted the petition for review, filed by the Indiana Department of State Revenue (Department), of the decision of the Indiana Tax Court reported in Horizon Bancorp v. Dep't of State Revenue (1993), Ind.Tax, 626 N.E.2d 603. We affirm in part and reverse in part.1

Background

The taxpayer in this case is Horizon Bancorp (Horizon), a bank holding company, including...

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