INDIANA TAX COURT
Cases Transmitted
Week of 2/18/02
Name:
Eli Lilly and Co. v. Ind. Dept. of Revenue
Cause No.: 49T10-0202-TA-21
Date filed: 2/21/02
Attorneys:
Larry J. Stroble, Jennifer A. Dunfee
BARNES & THORNBURG
11 South Meridian Street
Indianapolis, IN 46204
(317) 231-7428
Type of Tax: Income – taxpayer challenges whether it owes income tax
on receipts of the issuance of treasury shares; whether partnership income from DowElanco
was properly apportioned; whether certain receipts were double counted; whether taxpayer is allowed
deduction for resource recovery equipment, and other issues.