Legal Opinion
Kaiser Steel Corp. v. Revenue Division, Taxation & Revenue Department
New Mexico Court of Appeals
Decided March 31, 1981No. 4495PublishedCited by 14 opinions
1Opinion of the Court
OPINION
ANDREWS, Judge.
This appeal brought pursuant to the Tax Administration Act [§ 7-1-1 et seq., N.M.S. A.1978], involves a question of the applicability of the compensating tax deduction authorized by § 7-9-77, N.M.S.A.1978.
Kaiser Steel Corporation (Kaiser) operates a coal mine in Colfax County, New Mexico, for which it acquired certain pieces of mining equipment, including a “drag-line” and “continuous miner,” the taxable value of which is the subject of this appeal. At the time of the purchase Kaiser paid compensating tax on the full value of the two pieces of equipment. Some time later,…
2Cases cited16 opinions
- State Ex Rel. Hannah v. ArmijoNew Mexico Supreme Court · 1933
- Gruschus Ex Rel. Estate of Adams v. Bureau of RevenueNew Mexico Supreme Court · 1965
- Stuckey's Stores, Inc. v. O'CheskeyNew Mexico Supreme Court · 1979
- Michael J. Maloof & Co. v. Bureau of RevenueNew Mexico Supreme Court · 1969
- Lougee v. New Mexico Bureau of Revenue CommissionerNew Mexico Supreme Court · 1937
11 more not listed; retrieve them via the Exa API.
3Cited by14 opinions
- Wolfley v. Real Estate CommissionNew Mexico Supreme Court · 1983
- State v. EdenNew Mexico Court of Appeals · 1989
- Smith MacHinery Corp. v. Hesston, Inc.New Mexico Supreme Court · 1985
- Old Abe Co. v. New Mexico Mining CommissionNew Mexico Court of Appeals · 1995
- Oil Transport Co. v. New Mexico State Corp. CommissionNew Mexico Supreme Court · 1990
9 more not listed; retrieve them via the Exa API.