Legal Opinion
IN THE MATTER OF THE INCOME TAX PROTEST OF HARE
Supreme Court of Oklahoma
Decided June 27, 2017No. Case 114,893PublishedCited by 3 opinions
1Opinion of the Court
GURICH, V.C.J.
Facts & Procedural History
¶ 1 In November- 2004, Oklahoma voters passed State Question 713-Legislative Referendum 336, which implemented certain changes to the Oklahoma Tax Code. The new enactment included an income tax deduction for net capital gains derived from in-state property and business sales. The title of the new measure explained that it was amending 68 O.S. 2001 § 2358 and, inter alia, “providing [an] exemption for certain earnings of individual taxpayer[s].” Specifically the law authorized a deduction for selected capital gains that were included in a taxpayer’s…
2Cases cited11 opinions
- Fanning v. BrownSupreme Court of Oklahoma · 2004
- AMERICAN AIRLINES, INC. v. STATE ex rel. OKLAHOMA TAX COMMISSIONSupreme Court of Oklahoma · 2014
- Globe Life & Accident Insurance Co. v. Oklahoma Tax CommissionSupreme Court of Oklahoma · 1996
- James A. Patterson and Dorothy A. Patterson v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1987
- Russell v. Chase Investment Services, Corp.Supreme Court of Oklahoma · 2009
6 more not listed; retrieve them via the Exa API.
3Cited by3 opinions
- OKLA. GAS AND ELECTRIC CO. v. STATE ex rel. OKLA. CORPORATION COMMISSIONSupreme Court of Oklahoma · 2023
- IN THE MATTER OF THE INCOME TAX PROTEST OF HARESupreme Court of Oklahoma · 2017
- OKLA. GAS AND ELECTRIC CO. v. STATE ex rel. OKLA. CORPORATION COMMISSIONSupreme Court of Oklahoma · 2023