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11/13/1996 96-26 Penalty & Interest for acceptance of NTTC’s for leasing of equipment to contractors / government; Penalty not due - TP not negligent; Interest remained due. Back to Tax Decisions & Orders

11/04/1996 96-25 Claim for Refund - Penalty/Interest; Failure to inquire about GRT does not preclude the assessment of penalty and interest for failure to file and pay GRT. Back to Tax Decisions & Orders

10/28/1996 96-24 Gross Receipts Tax – rental of real property or granting of a license to use; equipment rental; is TP an agent; validity of assessment for 6 year statute of limitation; Penalty; DECISION - agreements are not for rental of real property-receipts were...

09/27/1996 96-23 Natural Gas Processors Tax – TP as interest owner is subject to NGPT; removal of carbon dioxide is processing; NGPT is applied to both the natural gas and any byproducts Back to Tax Decisions & Orders

08/29/1996 96-22 Property Tax Code – Market value of raw land - methods for valuing property - rebuttal of presumption of correctness - allowed comparable sales to determine market value Back to Tax Decisions & Orders

08/16/1996 96-21 NTTC - failure to provide proof that TP was in possession of timely certificate. NTTC law prior to 7/1/92 was repealed with change in statute by Laws 1992, Chapter 39, Section 3. Back to Tax Decisions & Orders

08/07/1996 96-20 Offset of Investment Credit against Penalty and Interest due on compensating tax liability. Back to Tax Decisions & Orders

07/22/1996 96-19 Penalty and Interest on non-filed CRS-1 return. Back to Tax Decisions & Orders

07/12/1996 96-18 Section 7-1-67 – Interest on income tax returns where TP failed to file. [Lack of knowledge] Back to Tax Decisions & Orders

07/03/1996 96-17 Sale of Service vs. Sale of Tangible Personal Property & Extending Assessment Period beyond 3 years - Bookbinding is predominately a service; Extending assessment period was warranted under Section 7-1-18(D) Back to Tax Decisions & Orders