Joseph P. Kennedy, Jr., Foundation v. Oklahoma Tax Commission

WELCH, Justice.

This case presents an appeal by The Joseph P. Kennedy, Jr., Foundation from an order of the Oklahoma Tax Commission assessing income taxes against said Foundation for the year 1951. The parties will be referred to herein as “Foundation” and as “Commission.”

The facts were stipulated and are as follows : The Foundation is a District of Columbia Corporation, domesticated in Oklahoma. The Foundation filed a claim for exemption from Oklahoma income taxes on March 11, 1952, pursuant to Article 912-1 of the Oklahoma Income Tax Regulations issued by Commission, which claim of exemption…