National Fire Ins. v. Board of Assessors

Citations

• 121 La. 108
• 46 So. 117
• 1908 La. LEXIS 641

Syllabus

<p>Taxation — Debts Due Nonresidents. ,</p> <p>Debts due on open account to a nonresident are taxable at the domicile of the debtor, when they have arisen out of a business carried on in the taxing state, and form part of the capital of the business.</p> <p>fUld. Note. — For cases in point, see Cent. Dig. vol. 45, Taxation, §§ 437-439.]</p> <p>Breaux, C. J., and Monroe, J., dissenting.</p> <p>(Syllabus by the Court.)</p>