Pacific Power & Light Co. v. State Tax Commission

Edward H. Howell, Judge.

Plaintiff filed this suit for a refund of Oregon corporation excise taxes for 1961.

Prior to June 21, 1961, California Oregon Power Company (hereinafter referred to as Copco) was a California corporation and a calendar year taxpayer doing business in Oregon and California. Copco was merged into plaintiff on June 21, 1961. On December 11, 1961, Copco filed a final Oregon corporation excise tax return for the period January 1, 1961, to June 21, 1961, and reported a net income of $3,167,000 apportioned to Oregon under the three-factor formula of property, payroll and…