Legal Opinion
Gulf Oil Corp. v. State, Department of Revenue
Alaska Supreme Court
Decided March 25, 1988No. S-1985PublishedCited by 8 opinions
1Opinion of the Court
OPINION
MOORE, Justice.
In this case, we must determine the proper state tax treatment of some extraordinarily high tax payments made by Gulf Oil Corporation to Kuwait, Iran, Nigeria, Ecuador, Venezuela, and Angola (hereafter the “KINEVA” countries) — payments that amounted to nearly all of Gulf’s income in those countries. We must also determine the appropriate valuation of some Alaska oil drilling leaseholds that cost up to $12 million per year, but turned out to be nonproductive.
During the years in question, Alaska required companies that operated partly instate and partly out-of-state to…
2Cases cited18 opinions
- Complete Auto Transit, Inc. v. BradySupreme Court of the United States · 1977
- Container Corp. of America v. Franchise Tax BoardSupreme Court of the United States · 1983
- Mobil Oil Corp. v. Commissioner of Taxes of Vt.Supreme Court of the United States · 1980
- Pullman's Palace Car Co. v. PennsylvaniaSupreme Court of the United States · 1891
- Moorman Manufacturing Co. v. BairSupreme Court of the United States · 1978
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3Cited by8 opinions
- State, Department of Revenue v. OSG Bulk Ships, Inc.Alaska Supreme Court · 1998
- Union Oil Co. of California v. StateAlaska Supreme Court · 1990
- State, Department of Natural Resources v. Tongass Conservation SocietyAlaska Supreme Court · 1997
- Tesoro Corp. v. State, Department of RevenueCourt of Appeals of Alaska · 2013
- State, Department of Revenue v. DynCorp & SubsidiariesAlaska Supreme Court · 2000
3 more not listed; retrieve them via the Exa API.