Kimberly Rice Kaestner 1992 Family Trust v. North Carolina Department of Revenue (Lawyers Weekly No. 011-235-16, 14 pp.) (Wanda Bryant, J.) Appealed from Wake County Superior Court (Gregory McGuire, J.) N.C. App. Holding: The beneficiary of an out-of-state trust lives ...Read More »
Route 231 LLC v. Comm’r of Internal Revenue (Lawyers Weekly No. 001-012-16, 35 pp.) (Agee, J.) No. 14-1983, Jan. 8, 2015; USTC. 4th Cir. Holding: The 4th Circuit affirms a decision by the U.S. Tax Court finding that a Virginia ...Read More »
Taxation – Ad Valorem – Industrial Solar Heating System – Conventional System Value – System Owner – First Impression
In re Appeal of FLS Owner II, LLC (Lawyers Weekly No. 011-009-16, 13 pp.) (Ann Marie Calabria, J.) Appealed from the Property Tax Commission. N.C. App. Holding: G.S. § 105-277(g) says that, for purposes of ad valorem taxation, buildings equipped ...Read More »
Home Depot U.S.A., Inc. v. North Carolina Department of Revenue (Lawyers Weekly No. 15-15-1040, 16 pp.) (James Gale, C.J.) 2015 NCBC 100 Holding: Third-party banks issued petitioner’s “Home Depot” credit cards, and every time a customer used a Home Depot ...Read More »
Midrex Technologies, Inc. v. N.C. Department of Revenue (Lawyers Weekly No. 15-15-0996, 20 pp.) (Gregory McGuire, J.) 2015 NCBC 88 Holding: Petitioner’s engineers occasionally provide hands-on help when petitioner’s customers are building the specialized plants that are required to use ...Read More »
Feeling Great, Inc. v. N.C. Department of Revenue (Lawyers Weekly No. 15-15-0834, 17 pp.) (Gregory McGuire, J.) 2015 NCBC 81 Holding: When the petitioner-taxpayers performed medical tests on patients, the medical supplies in question were used during the testing and ...
Tagged with: taxesRead More »