WILLAMETTE INDUSTRIES, INC. v. FRANCHISE TAX BD.

Docket No. A066452.

33 Cal.App.4th 1242 (1995)

39 Cal. Rptr.2d 757

WILLAMETTE INDUSTRIES, INC., Plaintiff and Appellant, v. FRANCHISE TAX BOARD, Defendant and Respondent.

Court of Appeals of California, First District, Division One.

April 5, 1995.


Attorney(s) appearing for the Case

COUNSEL

Lawrence V. Brookes for Plaintiff and Appellant.

Daniel E. Lungren, Attorney General, Richard F. Finn and Paul D. Gifford, Deputy Attorneys General, for Defendant and Respondent.


OPINION

DOSSEE, J.

This is an action for a refund of California corporation franchise taxes paid by Willamette Industries, Inc., an Oregon corporation, for income year 1977. The question before this court concerns the proper tax treatment of dividends paid to Willamette by two subsidiary corporations.

FACTS

The facts are undisputed. Plaintiff Willamette Industries...

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