Tallman v. Department of Revenue
This text of 526 P.2d 556 (Tallman v. Department of Revenue) is published on Counsel Stack Legal Research, covering Oregon Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
This is a tax case in which the plaintiffs seek to carry back a net operating loss suffered in 1970 as a deduction to their 1967 and 1968 income taxes, or to carry the loss forward as a deduction to their 1971 taxes. The Department of Revenue allowed a deduction in 1969 in an amount identical with the deduction allowed on plaintiff’s federal tax return. All other [57]*57deductions were denied. The Oregon Tax Court affirmed. 5 OTR 375 (1974).
This case is controlled by our decision in Christian v. Department of Revenue, 269 Or 469, 526 P2d 538 (1974).
Reversed.
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Cite This Page — Counsel Stack
526 P.2d 556, 270 Or. 56, 1974 Ore. LEXIS 276, Counsel Stack Legal Research, https://law.counselstack.com/opinion/tallman-v-department-of-revenue-or-1974.