International Minerals & Chemical Corp. v. Heitkamp

MESCHKE, Justice.

The State Tax Commissioner assessed $111,389 in additional North Dakota corporate income and business privilege taxes, interest, and penalties against International Minerals & Chemical Corporation [IMC] for fiscal years ending June 1978 through June 1983. On appeal of the administrative decision,- the district court reversed the Commissioner’s assessment. The Commissioner seeks further review of two issues: 1) can IMC deduct “mileage credits,” paid by rail carriers to IMC as a shipper supplying its own railroad cars for transporting its products, in determining the “net…