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462 B.R. 104
Bankr. D. Del.
2011
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Background

  • Indianapolis Downs, LLC seeks § 505(a) determination of its Indiana slot-machine tax liability, challenging the Set-Aside Funds under the Racino Statute.
  • Racino Statute imposes a Graduated Tax on AGR and requires 15% Set-Aside Funds distributed to state and third parties.
  • Debtor alleges Set-Aside Funds are not “received” by it and thus not subject to the Graduated Tax.
  • Department argues the tax extends to all slot-machine receipts; Set-Aside Funds are part of AGR and thus taxable.
  • Bankruptcy Court determines it has jurisdiction under § 505(a)(1) and that Set-Aside Funds are not subject to the Graduated Tax; it grants the Tax Motion.
  • Court reasons that the Set-Aside Funds are conduit funds controlled by third parties, not Debtor’s income.

Issues

Issue Plaintiff's Argument Defendant's Argument Held
Whether § 505(a) grants jurisdiction to determine tax liability against a state tax. Shannon asserts § 505(a) provides in rem jurisdiction over tax claims. Department argues sovereign immunity/TIA-bar and abstention may apply. Court has jurisdiction under § 505(a)(1).
Whether Set-Aside Funds fall within the Graduated Tax base. Set-Aside Funds are not Debtor’s money; funds are transferred to third parties. Graduated Tax bases on AGR, which includes Set-Aside Funds. Set-Aside Funds are not subject to the Graduated Tax.
Whether Racino Statute ambiguity allows judicial interpretation beyond plain text. Statutory text is ambiguous on taxation of Set-Aside Funds. Statute clearly contemplates set-aside distributions; tax should apply. Ambiguity exists; court interprets to effect legislative intent.
Whether Debtor is a mere conduit and thus not taxed on Set-Aside Funds. Agency/conduit principle excludes Set-Aside Funds from income tax. Funds are subject to tax as part of AGR. Indiana case law supports conduit/agency exclusion; Set-Aside Funds not Debtor’s income.
Whether the doctrine of double taxation applies. Applying Graduated Tax to Set-Aside Funds would double tax. No double taxation if funds are not part of Debtor’s income. Statutory scheme results in de facto double taxation; court rejects the Department’s view.

Key Cases Cited

  • In re Custom Distrib. Servs., 224 F.3d 235 (3d Cir. 2000) (bankruptcy jurisdiction over tax claims under § 505(a))
  • Quattrone Accountants, Inc. v. IRS, 895 F.2d 921 (3d Cir. 1990) (§ 505(a) interprets tax claims as within bankruptcy court's reach)
  • In re Stoecker, 179 F.3d 546 (7th Cir. 1999) (support for bankruptcy jurisdiction over state tax claims)
  • In re Cable & Wireless USA, Inc., 331 B.R. 568 (Bankr. D. Del. 2005) (bankruptcy court's broad authority under § 505(a))
  • In re Daniels, 304 B.R. 695 (Bankr. E.D. Pa. 2003) (§ 505 jurisdiction to determine debtor’s tax liability)
  • In re Pontes, 310 F. Supp. 2d 447 (D.R.I. 2004) (abstention and § 505 in tax determinations)
  • In re Hechinger Inv. Co. of Del., Inc., 335 F.3d 243 (3d Cir. 2003) (TIA does not bar bankruptcy court’s tax liability determinations)
  • In re Super Van, 161 B.R. 184 (Bankr. W.D. Tex. 1993) (Burford abstention analysis in bankruptcy tax matters)
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Case Details

Case Name: In re Indianapolis Downs, LLC
Court Name: United States Bankruptcy Court, D. Delaware
Date Published: Oct 26, 2011
Citations: 462 B.R. 104; 55 Bankr. Ct. Dec. (CRR) 170; 2011 WL 5101762; 2011 Bankr. LEXIS 4071; No. 11-11046 (BLS)
Docket Number: No. 11-11046 (BLS)
Court Abbreviation: Bankr. D. Del.
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