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CenturyTel, Inc. v. Dep’t of Revenue, 2010 Ore. Tax LEXIS 222 (Or. T.C. Aug. 9, 2010)

The taxpayer, domiciled outside of Oregon, and its subsidiaries were inthe wireline and wireless telecommunications business. When the taxpayer executed transactions related to the sale of stock, it was, for practical purposes, no longer engaged in wireless operations, and treated the gain on the stock...