- 3 -
FINDINGS OF FACT
Some of the facts have been stipulated and are so found.
The stipulation of facts and the accompanying exhibits are
incorporated herein by this reference.
Amoco Corporation and Amoco Egypt
Petitioner Amoco Corporation (formerly Standard Oil Company
(Indiana)) (hereinafter referred to as Amoco or petitioner) is an
Indiana corporation with its principal place of business in
Chicago, Illinois. Amoco and its affiliated corporations are
engaged in the business of exploring for, producing, refining and
marketing crude oil and petroleum products in the United States
and other countries around the world. Amoco timely filed
consolidated income tax returns on behalf of its affiliated group
for the 1979, 1980, 1981, and 1982 tax years.
Amoco Egypt Oil Company (Amoco Egypt), is a Delaware
corporation and a member of petitioner's affiliated group. It is
engaged in the business of petroleum exploration and production
within the Arab Republic of Egypt (ARE) (formerly the United Arab
Republic). Amoco Egypt has explored for and produced crude oil
and natural gas in ARE since the 1960's pursuant to concession
agreements entered into with the ARE and the Egyptian General
Petroleum Corporation.
2(...continued)
the amounts of $1,847,461, and $6,528,665, respectively. These
issues have not yet been scheduled for trial.
Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011