Court Opinion

ID: 9757062
Source: CourtListenerOpinion
Date Created: 2023-08-28 22:17:12.958602+00
Date Added: 2024-06-11T07:28:34.541683
License: Public Domain

MANDERINO, Justice,
dissenting.
I dissent. The appellant taxpayer had sold all of its assets and had ceased doing business several months before the adoption of the new law raising the tax rate. The new law can not properly tax what for practical purposes was a nonexistent taxpayer. Other corporate taxpayers which went out of business in 1969 and were thus also nonexistent on the day of the adoption of the new tax were required to pay only the lower rate solely because they filed a return earlier than the appellant. The filing date difference does not justify a different tax treatment. The new law increasing the tax rate was inapplicable to the appellant.