Mobil Oil Corp. v. Department of Treasury

Petitioner appeals as of right from a decision of the Michigan Tax Tribunal finding petitioner liable for a single business tax deficiency of $77,705.

The issue raised in the tribunal involved payments made by petitioner to landowners in connection with the production of oil and gas by petitioner from wells on the landowners’ property. It does not involve the initial payments made by the petitioner for the right to explore the property. The case was presented to the tribunal pursuant to a stipulation of facts entered into by the parties. The pertinent provisions thereof provide as follows:

"9.…