ASHLAND INC. v. COM'R OF REVENUE

A16-1257.

899 N.W.2d 812 (2017)

ASHLAND INC. and Affiliates, Respondent, v. COMMISSIONER OF REVENUE, Relator.

Supreme Court of Minnesota.

Filed: August 2, 2017.


Attorney(s) appearing for the Case

Walter A. Pickhardt , Faegre Baker Daniels LLP, Minneapolis, Minnesota, for respondent.

Lori Swanson , Attorney General, Wendy S. Tien , Assistant Attorney General, Saint Paul, Minnesota, for relator.


OPINION

At issue in this appeal from the tax court is whether the consequences of an election made under federal tax law by a foreign entity owned by respondent Ashland Inc., a domestic unitary business, must be recognized in determining Ashland's Minnesota tax liability. Concluding that the income and apportionment factors...

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