AT & T TELEHOLDINGS v. DEPT. OF REVENUE

No. 1-11-0493.

978 N.E.2d 371 (2012)

365 Ill. Dec. 349

2012 IL App (1st) 110493

AT & T TELEHOLDINGS, INC., f/k/a SBC Teleholdings, Inc., f/k/a Ameritech Corporation, and Affiliated Companies, Plaintiffs-Appellants, v. The DEPARTMENT OF REVENUE and Brian A. Hamer, as Director, Department of Revenue, State of Illinois, Defendants-Appellees.

Appellate Court of Illinois, First District, Fifth Division.

September 28, 2012.


Attorney(s) appearing for the Case

Thomas H. Donohoe , Catherine A. Battin , and Julie M. Skelton , all of McDermott Will & Emery LLP, of Chicago, and William L. Goldman , of Washington, D.C., for appellants.

Lisa Madigan , Attorney General, of Chicago ( Michael A. Scodro , Solicitor General, and Brian F. Barov , Assistant Attorney General, of counsel), for appellees.


OPINION

Justice HOWSE delivered the judgment of the court, with opinion.

¶ 1 Plaintiff, AT & T Teleholdings, Inc., formerly known as Ameritech Corporation (Ameritech), appeals from a judgment of the circuit court affirming an administrative decision of the Director of the Illinois Department of Revenue (Director) denying, in part, a corporate tax refund. The refund was based on Ameritech's request to carry back a net capital loss suffered in 2002...

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