EXXON CORP. v. UTAH STATE TAX COM'N

No. 20081017.

228 P.3d 1246 (2010)

2010 UT 16

EXXON CORPORATION, ExxonMobil Corporation, and Mobil Exploration & Producing, Petitioners, v. UTAH STATE TAX COMMISSION, Respondent.

Supreme Court of Utah.

March 12, 2010.


Attorney(s) appearing for the Case

David J. Crapo, Salt Lake City, for petitioners.

Mark L. Shurtleff, Att'y Gen., Clark L. Snelson, Asst. Att'y Gen., Salt Lake City, for respondent.

Mark L. Shurtleff, Att'y Gen., Katharine H. Kinsman, Asst. Att'y Gen., Salt Lake City, for amici Uintah Basin Revitalization Fund and Navajo Revitalization Fund.


PARRISH, Justice:

INTRODUCTION

¶ 1 This case comes to us after several related prior decisions in which we determined the proper valuation method for the oil and gas severance tax in Utah. We also previously determined the scope of the application of this new method. In this case, we hold that the valuation method announced in our prior cases should apply retroactively to all of ExxonMobil's refund requests before the Utah State Tax Commission.

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