[DOWNLOAD] "Continental Oil Co. v. State Board of Equalization" by Supreme Court of the State of Oklahoma " Book PDF Kindle ePub Free
eBook details
- Title: Continental Oil Co. v. State Board of Equalization
- Author : Supreme Court of the State of Oklahoma
- Release Date : January 29, 1972
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 70 KB
Description
1 This litigation was precipitated in 1971 when the Legislature raised the gross production tax on oil and gas from 5% to 7%. 68 O.S. 1971, Sec. 1001 (a). Continental Oil Company (Petitioner) and LVO Corporation and Occidental Petroleum Corporation, Intervenors (hereinafter collectively called Continental), paid the 7% gross production tax on their production under protest and filed complaints with the State Board of Equalization requesting the Board to take testimony to determine whether the 7% gross production tax levy is greater than the general ad valorem tax would be on the properties of such producers in the districts where situated. 68 O.S. 1971, Sec. 1001 (h).
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