New Park Mining Co. v. State Tax Commission

WOLFE, Justice.

Certiorari to the State Tax Commission to review a decision and order of the Commission requiring respective plaintiffs to deduct federal income and excess profits taxes before calculation of the depletion allowance to which they were entitled in computing their corporate franchise taxes under Section 80-13-8(9) (b), U. C. A. 1943. Three separate cases are before us. They were consolidated for hearing before the Commission, and they are likewise consolidated for purposes of this review. The cases were submitted to the Commission on stipulated facts.

Plaintiff, Tintic Standard…