Legal Opinion
Conoco, Inc. v. Taxation and Revenue Department
New Mexico Supreme Court
Decided November 26, 1996No. 22995, 23045PublishedCited by 7 opinions
1Opinion of the Court
OPINION
RANSOM, Justice.
1. We here review the constitutionality of New Mexico’s formulaic tax scheme for dividends received by a parent corporation from its foreign subsidiaries notwithstanding that dividends received from domestic subsidiaries are excluded entirely from the parent’s tax base. This opinion has been amended pursuant to order entered January 23, 1997, in response to motions for clarification and reconsideration. Conoco, Inc., and Intel Corporation had sought the refund of taxes paid by them as separate corporate entities for 1988,1989, and 1990 over and above their tax…
2Cases cited33 opinions
- United States v. SalernoSupreme Court of the United States · 1987
- Planned Parenthood of Southeastern Pa. v. CaseySupreme Court of the United States · 1992
- Reno v. FloresSupreme Court of the United States · 1993
- Rust v. SullivanSupreme Court of the United States · 1991
- Maryland v. LouisianaSupreme Court of the United States · 1981
28 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Robinson v. City of SeattleCourt of Appeals of Washington · 2000
- Robinson v. City of SeattleCourt of Appeals of Washington · 2000
- Caterpillar, Inc. v. Commissioner of RevenueSupreme Court of Minnesota · 1997
- General Electric Co. v. Commissioner, New Hampshire Department of Revenue AdministrationSupreme Court of New Hampshire · 2006
- Caterpillar Inc. v. New Hampshire Department of Revenue AdministrationSupreme Court of New Hampshire · 1999
2 more not listed; retrieve them via the Exa API.