INDIANA TAX COURT
Week of 9/20/04
Caterpillar Financial Ser. Corp. v. Ind. Dept. of Revenue
Cause No.: 49T10-0409-TA-00043
Date filed: 9/20/04
Attorneys: Timothy J. Eifler, Walter L. Sales
OGDEN NEWELL & WELCH, PLLC
1700 PNC Plaza
500 W. Jefferson St.
Louisville, KY 40202
Type of Tax: FIT, Gross Income, Adjusted Gross Income, & Supplemental Net
Income - taxpayer challenges whether it satisfies the 80% threshold factor and therefore
not subject to GI, AG, or SNI tax.; whether the Dept. has changed
tax without following Ind. Code 6-8.1-3-3; whether receipts from certain lease agreements are
subject to GIT; due process; and whether receipts from leases of leased equipment
are attributable to income producing activities in Indiana.