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Vericoals, Inc. v. Revenue Cabinet, 869 S.W.2d 49 (1994)

Citation
Vericoals, Inc. v. Revenue Cabinet, 869 S.W.2d 49 (1994)
Parent Document
Vericoals, Inc. v. Revenue Cabinet, 869 S.W.2d 49 (1994)
Jurisdiction
Kentucky (state)
Effective Date
1994-01-28

Other Sections in This Document (31)

Full Text

490 chars
The bottom line here is that Verieoals changed management, and new management decided that it could make a good argument for getting Verieoals out of paying the severance tax. The new management should not be able to abrogate a long-standing custom concerning the liability of severance tax, one to which Verieoals submitted itself, especially when the only other arguable source for the tax can no longer be held accountable. The judgment of the Pike Circuit Court is affirmed. All concur.