12/30/1996 96-30 Leasing of Liquor License - Lease Receipts do not fairly represent market value; TP received consideration in excess of actually monies received; TP’s protest Denied. Back to Tax Decisions & Orders
Quality Inn
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1996
TECO Investments, Inc. & Chino Mines Co.
12/16/1996 96-27 Assessment of tax for leasing equipment employed in NM [TECO] & Denial of Claim for refund-prior years [Chino]; [TECO] argues equitable recoupment of taxes paid by Chino {1988-1991} – Commerce Clause & Penalty & Interest...
McClintock Paper, Inc.
12/16/1996 96-28 TP argues use of Judgemental Sampling or non-Statistical Sampling is invalid & Penalty/Interest; Protest denied - TP failed to establish assessment or method utilized was incorrect & Penalty/Interest were due. Back to Tax Decisions &...
Roadrunner Industrial Works, Inc.
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
Hydro Clean
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
Quantum Corporation
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...
Central Resources, Inc.
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
Central Valley Electric Cooperative, Inc.
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
McDonnell Douglas Aerospace Services, Co.
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 NTTC law prior to 7/1/92 was repealed with change in statute by Laws 1992, Chapter 39, Section 3.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
Jezlaine, Ltd.
08/07/1996 96-20 Offset of Investment Credit against Penalty and Interest due on compensating tax liability. Back to Tax Decisions & Orders