TPQ INV. CORP. v. STATE EX REL. TAX COM'N

No. 85150.

954 P.2d 139 (1998)

1998 OK 13

TPQ INVESTMENT CORPORATION, and Subsidiary, Appellant, v. STATE of Oklahoma, ex rel., OKLAHOMA TAX COMMISSION, Appellee.

Supreme Court of Oklahoma.

February 10, 1998.


Attorney(s) appearing for the Case

Ted M Riseling, Riseling & Associates, Tulsa, for Appellant.

Marjorie Welch, Acting General Counsel, Robert B. Struble, Deputy General Counsel, Oklahoma Tax Commission, Oklahoma City, for Appellee.


ALMA WILSON, Justice:

¶ 1 The issue in this appeal is whether the Oklahoma Tax Commission correctly determined that the appellant, TPQ Investments Corporation (TPQ) and its wholly owned subsidiary, Pro-Quip Corporation (Pro-Quip) are not entitled to the investment/jobs credit allowed by § 2357.4 of title 68 for the tax year 1986.1 The Court of Civil Appeals reversed and remanded. We...

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