General Accessory Manufacturing Co. v. Oklahoma Tax Commission

LARRY JOPLIN, Presiding Judge.

¶ 1 Protestants/Appellants General Accessory Manufacturing Company by Real Parties in Interest, Ben Chatham, Gary Chatham and Michael Marks (collectively, Taxpayers), seek review of an order of the Respondent/Appellee Oklahoma Tax Commission (OTC or Commission) denying them a refund of income taxes. In this proceeding, the non-resident Taxpayers challenge the Commission’s determination that the gain on the sale of all their stock in their Oklahoma corporation is treated as Oklahoma income subject to Oklahoma income tax.

¶ 2 The non-resident Taxpayers, Ben…