Caveney v. Bower’s Empirical Analysis
2001
Citation profile
1 state decisions
Relationships
Applies 26 U.S.C. § 1362 · 26 U.S.C. § 41
Relies on 171 Ill. 2d 282 - First of America Trust Co. v. Armstead · 179 Ill. 2d 24 - People v. Digirolamo · 173 Ill. 2d 433 - McNamee v. State · 191 Ill. 2d 101 - Premier Property Management, Inc. v. Chavez · 186 Ill. 2d 291 - Dardeen v. Heartland Manor, Inc.
Most-quoted passages
The sentences later courts lift from this opinion, ranked by how many decisions quote each — the parts of the opinion doing the work. These counts are smaller than the citation total above because most of the 1 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“Beginning with tax years ending after July 1, 1990, a taxpayer shall be allowed a credit against the tax imposed by subsections (a) and (b) of this Section for increasing research activities in this State. The credit allowed against the tax imposed by subsections (a) and (b) shall be equal to 6½% of the qualifying expenditures for increasing research activities in this State. For purposes of this subsection, 'qualifying expenditures' means the qualifying expenditures as defined for the federal credit for increasing research activities which would be allowable under Section 41 of the Internal Revenue Code and which are conducted in this State, 'qualifying expenditures for increasing research activities in this State' means the excess of qualifying expenditures for the taxable year in which incurred over qualifying expenditures for the base period, 'qualifying expenditures for the base period' means the average of the qualifying expenditures for each year in the base period, and 'base period' means the 3 taxable years immediately preceding the taxable year for which the determination is being made.”
1 later decision quote this exact passage · from the majoritye.g. Caveney v. Bower“For partners, shareholders of subchapter S corporations, and owners of limited liability companies, if the liability company is treated as a partnership for purposes of federal and State income taxation, there shall be allowed a credit under this subsection to be determined in accordance with the determination of income and distributive share of income under Sections 702 and 704 and subchapter S of the Internal Revenue Code. * * * No inference shall be drawn from this amendatory Act of the 91st General Assembly in construing this Section for taxable years beginning before January 1, 1999.”
1 later decision quote this exact passage · from the majoritye.g. Caveney v. Bower“35 ILCS 5/201(k) (West 1992). However, in 1999, the General Assembly added the following language to section 201(k) of the Act:”
1 later decision quote this exact passage · from the majoritye.g. Caveney v. Bower
How this case has been treated — in progress
Whether each later court followed, distinguished, criticized, or overruled this decision. The treatment classification (task #35) runs highest-cited cases first and lights up here as it reaches this one.