Legal Opinion
Equitable Savings & Loan Ass'n v. State Tax Commission
Oregon Tax Court
Decided May 5, 1967PublishedCited by 6 opinions
1Opinion of the Court
Edward H. Howell, Judge.
This is a suit to obtain a refund of corporation excise taxes paid by plaintiff for the years 1960 to 1962, inclusive, and to set aside certain corporation excise tax assessments for the years 1958 through 1963, inclusive.
The first issue is whether plaintiff is doing busi ness in states outside of Oregon and entitled to apportion its income under ORS 314.280 and State Tax Commission Reg 4.280 which allow financial institutions to apportion their income using a three-factor formula of gross payroll, mortgage loans and interest.
The plaintiff is a stock-owned savings and.…
2Cases cited18 opinions
- Old Colony Railroad v. CommissionerSupreme Court of the United States · 1932
- Spring Canyon Coal Co. v. Commissioner of Int. Rev.Court of Appeals for the Tenth Circuit · 1930
- Cal-Roof Wholesale, Inc. v. State Tax CommissionOregon Supreme Court · 1966
- A. C. Dutton Lumber Corp. v. State Tax CommissionOregon Supreme Court · 1961
- Kansas City Southern Ry. Co. v. Commissioner of Int. Rev.Court of Appeals for the Eighth Circuit · 1931
13 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- Preble v. Department of RevenueOregon Supreme Court · 2000
- Anaconda Co. v. Department of RevenueOregon Supreme Court · 1977
- Anaconda Co. v. Department of RevenueOregon Tax Court · 1976
- Preble v. Department of RevenueOregon Tax Court · 1998
- Anaconda Co. v. Department of RevenueOregon Supreme Court · 1977
1 more not listed; retrieve them via the Exa API.