TRAWICK CONST. v. GEORGIA DEPT. OF REVENUE

No. S09G1045.

690 S.E.2d 601 (2010)

TRAWICK CONSTRUCTION COMPANY, INC. v. GEORGIA DEPARTMENT OF REVENUE.

Supreme Court of Georgia.

March 1, 2010.


Attorney(s) appearing for the Case

Baker, Donelson, Bearman, Caldwell & Berkowitz, Robert G. Brazier, Steven G. Hall, Michael S. Evans, Nicholas C. Tomlinson, Atlanta, for appellant.

Thurbert E. Baker, Atty. Gen., Warren R. Calvert, Sr. Asst. Atty. Gen., Lourdes G. de Mendoza, Asst. Atty. Gen., for appellee.


CARLEY, Presiding Justice.

Prior to October 1, 1999, Trawick Construction Company, Inc. was a closely-held Florida corporation. For federal income tax purposes, Trawick was treated as a Subchapter S corporation. As a result, Trawick's shareholders, instead of the corporation itself, were required to report their proportionate share of Trawick's taxable business income on their individual tax returns and pay the appropriate federal income taxes.

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