Standard Oil Co. v. Collector of Revenue

HAWTHORNE, Justice.

This case involves two questions, (1) whether Article 107 of the Rules and Regulations Concerning Income Taxes, promulgated by the Collector of Revenue, State of Louisiana, in November of 1938, is valid, and (2), if valid, whether it is applicable retroactively to income tax returns for the calendar year 1937.

The Standard Oil Company of Louisiana (now Standard Oil Company of New Jersey), hereinafter called the “taxpayer,” instituted a proceeding before the Board of Tax Appeals of the State of Louisiana, styled “Standard Oil Company of Louisiana v. Collector of Revenue”, for…