(DOWNLOAD) "Delta Air Lines v. Director Revenue" by Supreme Court of New Mexico # eBook PDF Kindle ePub Free
eBook details
- Title: Delta Air Lines v. Director Revenue
- Author : Supreme Court of New Mexico
- Release Date : January 24, 1995
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 59 KB
Description
Section 143.451.4, RSMo 1994, provides an apportionment formula for corporations that operate interstate transportation services. That apportionment formula uses mileage as the basis for determining the percentage of the corporations income that must be attributed to Missouri for Missouri income tax purposes. The Director of Revenue ("Director") assessed Delta Air Lines, Inc. ("Delta") Missouri income tax liability. The Director included Deltas "bridge miles" -- the miles Delta airplanes flew over Missouri without physically landing in or taking off from a facility in Missouri -- in the numerator of the apportionment fraction. The Administrative Hearing Commission affirmed the Directors use of bridge miles in the numerator. This case involves the construction of a revenue law of this state. We have jurisdiction. Mo. Const. art. V, § 3. We reverse.