Legal Opinion
CDR SYSTEMS CORPORATION v. OKLAHOMA TAX COMMISSION
Supreme Court of Oklahoma
Decided April 22, 2014No. 109,886PublishedCited by 18 opinions
1Opinion of the CourtGurich, J.
T1 Most, if not all states, have tax incentives whose primary purpose is to attract business to the state and to promote econom-ie development within the state.1 Oklahoma is no different.2 The Oklahoma Capital Gains Deduction was passed by the Legislature to promote significant business investment in Oklahoma's economy.3 Specifically, the deduction found in 68 O.S. Supp.2008 § 2358(D)(@2)(a)(8) ("deduction") is a tax incentive that allows a taxpayer to adjust its Oklahoma taxable income for qualifying gains receiving capital treatment that result from the "sale of all or substantially all of…
2Cases cited23 opinions
- Monell v. New York City Dept. of Social Servs.Supreme Court of the United States · 1978
- DaimlerChrysler Corp. v. CunoSupreme Court of the United States · 2006
- Pike v. Bruce Church, Inc.Supreme Court of the United States · 1970
- Exxon Corp. v. Governor of MarylandSupreme Court of the United States · 1978
- Quill Corp. v. North Dakota Ex Rel. HeitkampSupreme Court of the United States · 1992
18 more not listed; retrieve them via the Exa API.
3Cited by18 opinions
- TORRES v. SEABOARD FOODS, LLCSupreme Court of Oklahoma · 2016
- SHEPARD v. OKLAHOMA DEPARTMENT OF CORRECTIONSSupreme Court of Oklahoma · 2015
- BEASON v. I. E. MILLER SERVICES, INC.Supreme Court of Oklahoma · 2019
- CONTINENTAL RESOURCES v. WOLLA OILFIELD SERVICESSupreme Court of Oklahoma · 2022
- IN THE MATTER OF THE INCOME TAX PROTEST OF HARESupreme Court of Oklahoma · 2017
13 more not listed; retrieve them via the Exa API.