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BETHLEHEM PACIFIC COAST STEEL CORP. v. FRANCHISE TAX BD.

Docket No. 10276.

203 Cal.App.2d 458 (1962)

21 Cal. Rptr. 707

BETHLEHEM PACIFIC COAST STEEL CORPORATION, Plaintiff and Appellant, v. FRANCHISE TAX BOARD, Defendant and Respondent.

Court of Appeals of California, Third District.

May 10, 1962.

Attorney(s) appearing for the Case

Theodore R. Meyer, Hart H. Spiegel, Duncan E. Haynes, Brobeck, Phleger & Harrison and Cravath, Swaine & Moore for Plaintiff and Appellant.

Stanley Mosk, Attorney General, Ernest P. Goodman and John J. Klee, Jr., Deputy Attorneys General, for Defendant and Respondent.

STEEL, J. pro tem.*

This is a suit for refund of California franchise tax paid by plaintiff and appellant, Bethlehem Pacific Coast Steel Corporation, to California Franchise Tax Board for the taxable year 1950.

Involved herein is a transfer by Bethelehem Steel Company of Pennsylvania of all of its California business and property to appellant, both corporations being subsidiaries...

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