Legal Opinion
Chestnut Securities Co. v. Oklahoma Tax Commission
Court of Appeals for the Tenth Circuit
Decided January 16, 1942No. 2289PublishedCited by 8 opinions
1Opinion of the Court
MURRAH, Circuit Judge.
The State of Oklahoma assessed and collected the statutory tax on the income from certain intangible securities owned by the taxpayer, the Chestnut Securities Company, a Delaware corporation, licensed and doing business in the State of Oklahoma, for the taxable years 1936, 1937 and 1938. The intangible securities in question and the income therefrom have at all times remained physically outside of the State of Oklahoma.
This suit is for recovery of the tax and jurisdiction is based on diversity of citizenship and the requisite amount in controversy. The trial court held…
2Cases cited13 opinions
- M'culloch v. State of MarylandSupreme Court of the United States · 1819
- Wisconsin v. J. C. Penney Co.Supreme Court of the United States · 1941
- Shaffer v. CarterSupreme Court of the United States · 1920
- Lawrence v. State Tax Comm'n of Miss.Supreme Court of the United States · 1932
- Curry v. McCanlessSupreme Court of the United States · 1939
8 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Southern Pacific Co. v. McColganCalifornia Court of Appeal · 1945
- United Gas Corporation v. FontenotSupreme Court of Louisiana · 1961
- United Gas Corporation v. FontenotSupreme Court of Louisiana · 1961
- Wood v. TawesCourt of Appeals of Maryland · 1942
- Mobil Oil Corp. v. Commissioner of TaxesSupreme Court of Vermont · 1978
3 more not listed; retrieve them via the Exa API.