Legal Opinion
Continental Oil Co. v. State Board of Equalization
Supreme Court of Oklahoma
Decided February 29, 1972No. 45231PublishedCited by 7 opinions
1Opinion of the Court
JACKSON, Justice.
This litigation was precipitated in 1971 when the Legislature raised the gross production tax on oil and gas from 5% to 7%. 68 O.S.1971, Sec. 1001(a). Continental Oil Company (Petitioner) and LVO Corporation and Occidental Petroleum Corporation, Intervenors (hereinafter collectively called Continental), paid the 7'% gross production tax on their production under protest and filed complaints with the State Board of Equalization requesting the Board to take testimony to determine whether the 7% gross production tax levy is greater than the general ad volorem tax would be on the…
2Cases cited8 opinions
- McGannon, Admx. v. State Ex Rel. TrappSupreme Court of Oklahoma · 1912
- Prairie Oil Gas Co. v. Cruce, GovernorSupreme Court of Oklahoma · 1915
- Champlin v. Oklahoma Tax CommissionSupreme Court of Oklahoma · 1933
- Continental Oil Co. v. Oklahoma Tax CommissionSupreme Court of Oklahoma · 1972
- Sinclair Prairie Oil Co. v. StateSupreme Court of Oklahoma · 1935
3 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- HALL v. GALMORSupreme Court of Oklahoma · 2018
- Application of BaggettSupreme Court of Oklahoma · 1974
- Continental Oil Co. v. Oklahoma State Board of EqualizationSupreme Court of Oklahoma · 1976
- Kay Elec. Co-Op. v. STATE EX REL. TAX COM'NSupreme Court of Oklahoma · 1991
- HALL v. GALMORSupreme Court of Oklahoma · 2018
2 more not listed; retrieve them via the Exa API.