WINTERSET, INC. v. COM'R OF TAXES

Nos. 82-560, 82-576.

475 A.2d 231 (1984)

WINTERSET, INC. v. COMMISSIONER OF TAXES. KENCLIF CONSTRUCTION, INC. v. COMMISSIONER OF TAXES.

Supreme Court of Vermont.

March 2, 1984.


Attorney(s) appearing for the Case

Alexander W. Scherr of Downs, Rachlin & Martin, St. Johnsbury, for plaintiffs-appellants.

George E. Brooks, Elizabeth D. Anderson, Montpelier, for defendant-appellee.

Before BILLINGS, C.J., and HILL, UNDERWOOD, PECK and GIBSON, JJ.


HILL, Justice.

The claims of taxpayers Winterset, Inc., and Kenclif Construction, Inc., were consolidated for purposes of appeal and are before this Court pursuant to V.R.A.P. 5(a). The question presented is as follows:

Whether the Vermont net income of a corporate taxpayer under 32 V.S.A. § 5811(18) includes the amount of the addback mandated by I.R.C. § 280C of wage and salary expenses which qualify for...

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