CARPENTER TECHNOLOGY CORP. v. COMMISSIONER OF REVENUE SERVICES

(SC 16438)

256 Conn. 455 (2001)

CARPENTER TECHNOLOGY CORPORATION v. COMMISSIONER OF REVENUE SERVICES

Supreme Court of Connecticut.

Officially released June 19, 2001.


Attorney(s) appearing for the Case

Richard K Greenberg, assistant attorney general, with whom, on the brief, was Richard Blumenthal, attorney general, for the appellant (defendant).

Richard C. Kariss, pro hac vice, with whom, on the brief, were Katherine A. Borroughs, Randall S. Newman, pro hac vice, and Debra Macphee, pro hac vice, for the appellee (plaintiff).

Sullivan, C. J., and Borden, Katz, Palmer and Vertefeuille, Js.


Opinion

PER CURIAM.

The defendant, the commissioner of revenue services (commissioner), appealed from the judgment of the trial court sustaining an appeal by the plaintiff, Carpenter Technology Corporation, from the commissioner's assessment of a corporate business tax deficiency. The trial court determined that the plaintiff's deductions of the interest it had paid on a loan made to it by a wholly owned subsidiary, Carpenter Investments,

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