(DOWNLOAD) "Indiana Department State Revenue v. Rca" by Supreme Court Of Indiana # eBook PDF Kindle ePub Free

eBook details

Title: Indiana Department State Revenue v. Rca
Author : Supreme Court Of Indiana
Release Date : January 25, 1974
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 65 KB

Description

The only issue in this case is whether the trial court erred in finding that certain air conditioning equipment purchased by RCA "is . . . directly used in the direct production . . . [of] color television picture tuber" and in concluding as a matter of law that such equipment "is exempt from sales and use tax". The resolution of that issue is to be found in the meaning of the language of the statute which exempts "equipment" from those taxes when it is " directly used" in the "direct production" of tangible personal property.[Footnote 1] We hold that the language is ambiguous and, since it provides a tax exemption, it must be strictly construed against the taxpayer.[Footnote 2] So construed, it provides no exemption for the equipment in question. We therefore revers.