Brnovich: Ruling for state in tax case stands with no appeal

By – Associated Press – Saturday, May 2, 2020

PHOENIX (AP) – Arizona Attorney General Mark Brnovich says a court ruling in favor of the state will stand in a case that could have resulted in large requests for tax refunds.

Brnovich said Friday that an oil company didn’t appeal a January court ruling in a case involving the taxation of dyed diesel fuel used by a quarry for trucks and machinery not used on state roads.

The Arizona Court of Appeals’ January decision overturned a lower court’s ruling that if left intact could have triggered refund requests..

TOP STORIES

Brnovich said Carter Oil Co. didn’t file an appeal with the Arizona Supreme Court by a Wednesday deadline so the Court of Appeals ruling stands.

Carter Oil Co. itself sought less than $12,000 in refunds. But lawyers for the state said potential refund requests from the mining industry as a whole could have totaled over $100 million.

Dyed diesel fuel is identical to street-use diesel but is exempt from per-gallon excise taxes used to fund roads. It is, however, subject to sales taxes and can only be used in off-road equipment such as farm tractors, dump trucks and other machinery used by the mining industry.

Sign up for Daily Newsletters

Related posts

Ovaro Kiinteistösijoitus Oyj:n osavuosikatsauksen 1-3/2020 julkistaminen ja kutsu tiedotustilaisuuteen

Ovaro Kiinteistösijoitus Oyj                              
Lehdistötiedote 4.5.2020 klo 08.45


Ovaro Kiinteistösijoitus Oyj:n osavuosikatsauksen 1-3/2020 julkistaminen ja kutsu tiedotustilaisuuteen

Ovaro Kiinteistösijoitus…

Read More

S&P reaffirms New Zealand‘s AA rating

The last of the world‘s major credit agencies has reaffirmed New Zealand‘s high level rating despite saying the economy is probably already…

Read More

NZ shares rise in late rally as blue chips gain

New Zealand shares rose as a strong rally in Australia helped overcome the subdued tone set over the weekend, and…

Read More

Join The Discussion

Search

Compare listings

Compare