LONE STAR STEEL CO. v. DOLAN

No. 81SC382.

668 P.2d 916 (1983)

LONE STAR STEEL COMPANY, a Texas Corporation, Petitioner, v. Joseph F. DOLAN, Executive Director, Department of Revenue, State of Colorado, Respondents.

Supreme Court of Colorado, En Banc.

August 22, 1983.


Attorney(s) appearing for the Case

Welborn, Dufford & Brown, Beverly J. Quail, Kathryn L. Powers, Mary Ann Steefel, Denver, for petitioner.

J.D. MacFarlane, Atty. Gen., Richard F. Hennessey, Deputy Atty. Gen., Joel W. Cantrick, Sol. Gen., Chris J. Eliopulos, Asst. Atty. Gen., Denver, for respondents.


ROVIRA, Justice.

We granted certiorari to review a decision of the court of appeals holding certain income of petitioner Lone Star Steel Co. (Lone Star) taxable in Colorado. Lone Star Steel Co. v. Dolan, 642 P.2d 29 (Colo.App.1981). We affirm in part and reverse in part.

I.

Lone Star is an integrated steel company that mines its own iron ore; processes it into pig iron and then into steel; rolls the steel...

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