Legal Opinion
Tipperary Corp. v. New Mexico Bureau of Revenue
New Mexico Court of Appeals
Decided March 15, 1979No. 3442PublishedCited by 8 opinions
1Opinion of the Court
OPINION
LOPEZ, Judge.
Pursuant to § 7-1-25, N.M.S.A.1978 [formerly § 72-13-39, N.M.S.A.1953 (Repl.Vol. 10, pt. 2, Supp.1975)], Taxpayer-appellant appeals a Decision and Order of Bureau-appellee’s Commissioner affirming the Bureau’s assessment of corporate income taxes on the sale of Taxpayer’s Wyoming coal leases. The Bureau determined the proceeds from the sale to be business income under § 7-4-2 A, N.M.S.A.1978 [formerly § 72-15A — 17 A, N.M.S.A.1953 (Repl.Vol. 10, pt. 2, Supp.1975)] and, accordingly, apportioned this income to New Mexico pursuant to §§ 7-4-10 through 7-4-18, N.M.S.A.1978…
2Cases cited18 opinions
- Northwestern States Portland Cement Co. v. MinnesotaSupreme Court of the United States · 1959
- Hans Rees' Sons, Inc. v. North Carolina Ex Rel. MaxwellSupreme Court of the United States · 1931
- Butler Bros. v. McColgan, Franchise Tax CommissionerSupreme Court of the United States · 1942
- Bass, Ratcliff & Gretton, Ltd. v. State Tax CommissionSupreme Court of the United States · 1924
- BASS, ETC., LTD. v. Tax Comm.Supreme Court of the United States · 1924
13 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- District of Columbia v. Pierce Associates, Inc.District of Columbia Court of Appeals · 1983
- Phillips Petroleum Co. v. Iowa Department of Revenue & FinanceSupreme Court of Iowa · 1994
- Kewanee Industries, Inc. v. ReeseNew Mexico Supreme Court · 1993
- Taxation & Revenue Department v. F. W. Woolworth Co.New Mexico Supreme Court · 1981
- F. W. Woolworth Co. v. Bureau of RevenueNew Mexico Court of Appeals · 1979
3 more not listed; retrieve them via the Exa API.