Legal Opinion
Sutin, Thayer & Browne v. Revenue Division of the Taxation & Revenue Department
New Mexico Court of Appeals
Decided December 20, 1984No. 7833PublishedCited by 4 opinions
1Opinion of the Court
OPINION
DONNELLY, Chief Judge.
Appellant, Sutin, Thayer & Browne (Taxpayer), appeals from a decision and order of the Director of the New Mexico Taxation and Revenue Department (Department) denying Taxpayer’s application for a tax refund. The single issue raised on appeal is whether the Taxpayer should be permitted to claim a wage deduction for state corporate income taxes that exceeds the deduction claimed for federal corporate income taxes, the deduction for federal purposes having been reduced in order to take a federal new jobs credit. We affirm.
FACTS
The parties have stipulated to the facts…
2Cases cited9 opinions
- New Colonial Ice Co. v. HelveringSupreme Court of the United States · 1934
- FW Woolworth Co. v. Taxation and Revenue Dept. of NMSupreme Court of the United States · 1982
- Caterpillar Tractor Co. v. LenckosIllinois Supreme Court · 1981
- Champion International Corp. v. Bureau of RevenueNew Mexico Court of Appeals · 1975
- Caterpillar Tractor Co. v. LenckosAppellate Court of Illinois · 1979
4 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
- Flint Resources Co. v. State ex rel. Oklahoma Tax CommissionSupreme Court of Oklahoma · 1989
- Matter of Income Tax ProtestSupreme Court of Oklahoma · 1989
- Tucson Elec. Power Co. v. N.M. Taxation and Revenue Dep'tNew Mexico Court of Appeals · 2019
- Circuits, Inc. v. DubnoSupreme Court of Connecticut · 1990