Personal Loan & Finance Co. of Oklahoma City v. Oklahoma Tax Commission
This text of 1968 OK 12 (Personal Loan & Finance Co. of Oklahoma City v. Oklahoma Tax Commission) is published on Counsel Stack Legal Research, covering Supreme Court of Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
This is a companion case to Personal Loan & Finance Co. of Capitol Hill v. Oklahoma Tax Commission, Okl., 437 P.2d 1015, in which we this day promulgated an opinion affirming the order of the Oklahoma Tax Commission assessing additional corporate franchise taxes. The farts, circumstances and propositions of error presented are identical in both cases, except that in the present case the plaintiff in error (taxpayer) borrowed the sum of $595,-000 from its parent corporation, Personal Loan & Finance Co. of Memphis, Tennessee.
We adopt our opinion and conclusion in the above case as determinative of all matters presented herein.
Affirmed.
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Cite This Page — Counsel Stack
1968 OK 12, 437 P.2d 1020, 1968 Okla. LEXIS 291, Counsel Stack Legal Research, https://law.counselstack.com/opinion/personal-loan-finance-co-of-oklahoma-city-v-oklahoma-tax-commission-okla-1968.