In Re Tax Appeal of Morton Thiokol, Inc.

How courts have described this case

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

• holding that Kansas’ domestic combination reporting method was not more burdensome on foreign commerce because income of the domestic subsidiaries was combined, apportioned, and taxed, while only the dividends from the foreign subsidiaries were taxed
• distinguishing Kraft on the basis that dividend-received deduction allowed to domestic subsidiaries but denied to foreign subsidiaries permissibly avoids double taxation of domestic subsidiary where its income is also included and taxed in the unitary combined income

Source: CourtListener parenthetical corpus (CC0).