MEZZANINE CAPITAL CORP. v. COMMR. OF REVENUE

No. 94-P-1314.

40 Mass. App. Ct. 56 (1996)

MEZZANINE CAPITAL CORPORATION vs. COMMISSIONER OF REVENUE.

Appeals Court of Massachusetts, Suffolk.

February 15, 1996.


Attorney(s) appearing for the Case

Robert J. Munnelly, Jr. for the Commissioner of Revenue.

Kenneth A. Cohen for the taxpayer.

Present: JACOBS, GILLERMAN, & IRELAND, JJ.


GILLERMAN, J.

For the calendar years ending in 1987, 1988, and 1989, Mezzanine Capital Corporation (taxpayer) filed its Massachusetts tax returns and determined its tax as a domestic security corporation, see G.L.c. 63, § 38B, as in effect prior to St. 1992, c. 133, §§ 405-406,1 a favorable status granted to the taxpayer by the Commissioner of Revenue (commissioner) on September...

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