FARM CREDIT SERVICES v. DEPT. OF REVENUE

No. 49T10-9801-TA-00005

705 N.E.2d 1089 (1999)

FARM CREDIT SERVICES OF MID-AMERICA, an Agricultural Credit Association, Petitioner, v. DEPARTMENT OF STATE REVENUE, Respondent.

Tax Court of Indiana.

January 19, 1999.


Attorney(s) appearing for the Case

Thomas C. Borders, Kevin J. Feeley, Richard A. Hanson, McDermott Will & Emery, Chicago, Illinois, Marilee J. Springer, Ice Miller Donadio & Ryan, Indianapolis, Indiana, Attorneys for Petitioner.

Jeffrey A. Modisett, Attorney General of Indiana, Indianapolis, David A. Arthur, Deputy Attorney General, Indianapolis, Attorneys for Respondent.


FISHER, J.

Farm Credit Services of Mid-America (Mid-America) appeals a final determination of the Department of State Revenue (Department) denying Mid-America a refund of Financial Institutions Tax1 it paid for the tax years ending December 31, 1993 and December 31, 1994.

BACKGROUND AND PROCEDURAL HISTORY

Mid-America, an Agricultural Credit Association (ACA), is part of a nationwide network, known as the Farm Credit System...

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