Grady, F. v. Nelson, B. & L.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• stating that “the constitutional test focuses on functional integration, centralization of management, and economies of scale”
• noting that economies of scale “could not exist” because the entities’ business activities were unrelated
• stating that the definitions of “business income” and “non-business income” contained in UDITPA are “compatible” with the unitary business principle
• stating that a tax is unconstitutional if it “tax[es] value or income that cannot in fairness be attributed to the taxpayer’s activities within the State”
• explaining that the relevant inquiry in sourcing intangible income is whether the intangible asset serves an operational function or an investment function
• noting that adherence to precedent promotes stability, predictability, and respect for judicial authority

Source: CourtListener parenthetical corpus (CC0).