1. Home
  2. Browse Decisions
  3. Pa.
  4. 544 Pa.
  5. 544 Pa. 74 (1996)
 

ROSS-ARACO v. COM., BD. OF FIN. & REV.

544 Pa. 74 (1996)

674 A.2d 691

ROSS-ARACO CORPORATION, Appellee, v. COMMONWEALTH of Pennsylvania, BOARD OF FINANCE AND REVENUE, Appellant.

Supreme Court of Pennsylvania.

Decided April 18, 1996.

Attorney(s) appearing for the Case

Kevin A. Moury, Harrisburg, for Commonwealth.

Daniel J. Dugan, Philadelphia, for Ross-Araco.

Before NIX, C.J., and FLAHERTY, ZAPPALA, CAPPY and CASTILLE, JJ.

OPINION

ZAPPALA, Justice.

The issue presented in this direct appeal is whether the corporate taxpayer's gain from the sale of a 21.5 acre tract of land was business income for the purpose of calculating its corporate net income tax for the fiscal year ending November 30, 1988. The Board of Finance and Revenue determined that the gain was business income under § 401(3)2.(a)(1) of the Tax Reform Code of 1971 (Code), 72 P.S. § 7401(3)2.(a)...

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