EASTERN NAVAJO IND. v. BUREAU OF REVENUE

No. 2188.

552 P.2d 805 (1976)

89 N.M. 369

EASTERN NAVAJO INDUSTRIES, INC., Appellant, v. BUREAU OF REVENUE of the State of New Mexico, Appellee.

Court of Appeals of New Mexico.

Certiorari Denied July 27, 1976.


Attorney(s) appearing for the Case

Tommy D. Hughes, Schlenker, Parker, Payne & Wellborn, Albuquerque, for appellant.

Toney Anaya, Atty. Gen., Santa Fe, Vernon O. Henning, Bureau of Revenue, Asst. Atty. Gen., Santa Fe, for appellee.


OPINION

HERNANDEZ, Judge.

Taxpayer, Eastern Navajo Industries, appeals pursuant to § 72-13-39, N.M.S.A. 1953 (Repl. Vol. 10, Supp. 1975), a Decision and Order of the Commissioner of the Bureau of Revenue assessing gross receipts to this taxpayer.

The fundamental issue in this appeal is whether incorporation by the taxpayer under our Business Corporation Act, Sections 51-24-1 to 51-31-11, N.M.S.A. 1953 (Repl. Vol. 8, pt. 1, Supp. 1975) will preclude...

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