Oregon Tax Court January 31, 1964 (Livingston v. State Tax Commission)

Peter M. Ounnar, Judge.

This is a suit to set aside State Tax Commission Opinion and Order No. 1-63-26, which disallowed the special treatment of capital gains claimed by plaintiffs on their 1960 joint personal income tax return. A decision on the issues raised by defendant’s general demurrer, now before the court, will dispose of the case.