Tektronix, Inc. v. Department of Revenue

CARL N. BYERS, Judge.

This case concerns the deductibility of foreign taxes. There is no dispute as to the facts, defendant having admitted all of the substantive allegations of plaintiffs complaint. The parties have submitted briefs to assist the court in its determination of the legal issues raised.

Plaintiff is an Oregon corporation engaged in the business of manufacturing and selling high technology equipment. During the years in question plaintiff owned all of the outstanding stock of a number of foreign corporations. For brevity they are identified here as Tek/France, Tek/Belgium, Datatek…