Industrial Refrigeration & Equipment v. State Tax Commission

Plaintiff was an Oregon corporation subject to the state’s corporate excise tax. The defendant, State Tax Commission, assessed deficiencies against plaintiff for corporate excise taxes claimed to be due for the years 1959 and 1962. This suit was instituted by plaintiff in the Oregon Tax Court seeking a redetermination of the deficiencies so assessed. The Commission has appealed from a determination of the Tax Court that no deficiencies existed.

The claimed deficiencies occurred as a result of plaintiff’s claim to and the Commission’s disallowance of the personal property tax offset against…