Union Pacific Railroad v. State Tax Commission

DONALDSON, Chief Justice.

This case concerns Union Pacific Railroad Company’s (Union Pacific’s) 1942 State Income Tax Return. Union Pacific filed the return in a timely manner and at that time no adjustments to the original return were made by the State or Union Pacific. However, federal proceedings and litigation on Union Pacific’s 1942 federal income taxes were not concluded until 1977. On June 28, 1977, Union Pacific as required by I.C. § 63-3069, provided the State Tax Commission with notice of the final determination of federal taxes. Such a notice reopens for one year the statute of…