1. Home
  2. Browse Decisions
  3. Ohio
  4. 61 Ohio
  5. 61 Ohio St. 2d 151 (1980)
 

THE PANCAKE HOUSE, INC. v. LINDLEY

No. 79-649.

61 Ohio St. 2d 151 (1980)

THE PANCAKE HOUSE, INC., APPELLANT, v. LINDLEY, TAX COMMR., APPELLEE.

Supreme Court of Ohio.

Decided February 6, 1980.

Attorney(s) appearing for the Case

Messrs. Glander, Brant, Ledman & Newman and Mr. James H. Ledman, for appellant.

Mr. William J. Brown, attorney general, and Ms. Barbara E. Lapworth, for appellee.

Per Curiam.

In calculating the value of its issued and outstanding stock under the net income method, pursuant to R. C. 5733.05(B), the corporate taxpayer begins with its base income, which equals its federal taxable income adjusted by certain deductions not relevant here. Allocable income from the sources mentioned in R. C. 5733.051(A) is subtracted from this figure. The resultant amount is apportionable income, which is subjected to the taxpayer's Ohio apportionment...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases