Legal Opinion
Simpson Timber Co. v. Department of Revenue
Oregon Tax Court
Decided June 29, 1995No. TC 3651PublishedCited by 4 opinions
1Opinion of the Court
CARL N. BYERS, Judge.
Plaintiff, Simpson Timber Company (Simpson) appeals from Department of Revenue’s (department) Opinion and Order No. 92-5902, which held that “delay compensation” received from the federal government in connection with a taking of property was business income. The parties have stipulated the relevant facts and submitted cross motions for summary judgment.
FACTS
Simpson is a Washington corporation which grows and harvests timber, and manufactures forest products. Prior to 1978, Simpson owned tracts of land containing standing redwood timber in California. Simpson used this…
2Cases cited4 opinions
- Container Corp. of America v. Franchise Tax BoardSupreme Court of the United States · 1983
- Allied-Signal, Inc. Ex Rel. Bendix Corp. v. Director, Division of TaxationSupreme Court of the United States · 1992
- Portland General Electric Co. v. Department of RevenueOregon Tax Court · 1978
- Tucker-Ottmar Farms, Inc. v. Department of RevenueOregon Tax Court · 1970
3Cited by4 opinions
- Simpson Timber Co. v. Department of RevenueOregon Supreme Court · 1998
- Pennzoil Co. v. Department of RevenueOregon Tax Court · 2000
- Department of Revenue v. Terrace Tower U.S.A., Inc.Oregon Tax Court · 2000
- Simpson Timber Co. v. Department of RevenueOregon Supreme Court · 1998