1. Burnet v. Coronado Oil & Gas Co., No. 341, SUPREME COURT OF THE UNITED STATES, January 15, 1932, Argued , April 11, 1932, Decided
OVERVIEW: A taxpayer was not subject to income and excess-profits taxes assessed by the Commissioner of Internal Revenue arising from its oil and gas production from land it leased from the state because the lease was an instrumentality of the state.
If you are not a registered lexisONE® Community user, you will be asked to register.
Registration is free.
