Legal Opinion
United States National Bank v. State Tax Commission
Oregon Supreme Court
Decided February 27, 1963PublishedCited by 2 opinions
1Opinion of the CourtSloan, J.
The State Tax Commission sustained deficiency assessments in respect to income tax returns filed for the years 1957 and 1958 by plaintiff bank as the executor of the estate of Frank M. Penepacker, deceased. Plaintiff sought review of the commission’s order in the circuit court as provided by ORS 314.460 prior to the amendment of that section in 1961. The trial court affirmed the commission. Plaintiff appeals.
On February 25, 1955, Mr. Penepacker was the owner of all of the shares of stock of Pacific Building Materials Company, an Oregon corporation. We will refer to it as “Pacific.” On that…
2Cases cited4 opinions
- Eisner v. MacOmberSupreme Court of the United States · 1920
- Eisner, Internal Revenue Collector v. MacOmberSupreme Court of the United States · 1919
- United States v. PhellisSupreme Court of the United States · 1921
- Commissioner v. Estate of BedfordSupreme Court of the United States · 1945
3Cited by2 opinions
- University of Oregon Co-Operative Store v. Department of RevenueOregon Supreme Court · 1975
- Oregon-Washington Plywood Co. v. State Tax CommissionOregon Tax Court · 1965