Savage Industries, Inc. v. Utah State Tax Commission

HALL, Chief Justice:

Savage Industries, Inc., seeks a writ of review of a final order of the Utah State Tax Commission (“the Commission”) entered on April 20, 1990, which denied Savage Industries’ petition for redetermination and upheld the finding of the auditing division that subsidiary corporations of Savage Industries were not entitled to carry over their own preacquisition losses in determining their annual income for preparation of the consolidated returns of Savage Industries.

The facts in the case have been stipulated to by the parties and are supplemented by findings of the Commission…