CHEN v. FRANCHISE TAX BD.

No. B113296.

76 Cal.Rptr.2d 49 (1998)

Roy CHEN et al., Plaintiffs and Respondents, v. The FRANCHISE TAX BOARD, Defendant and Appellant.

Court of Appeals of California, Second District, Division Five.

Review Granted August 26, 1998.


Attorney(s) appearing for the Case

Daniel E. Lungren, Attorney General, David S. Chaney, Supervising Deputy Attorney General, and Herbert A. Levin, Deputy Attorney General, for Defendant and Appellant.

Riordan & McKinzie, Angelo C. Falcone, Robert N. Duran, Los Angeles, Gina M. Calvelli, San Francisco, and Karen Meckstroth, Los Angeles, for Plaintiffs and Respondents.


Certified for Partial Publication.*

TURNER, Presiding Justice.

I. INTRODUCTION

The Franchise Tax Board (board) appeals from a judgment partially refunding corporate franchise taxes, penalties, and interest paid by Roy Chen on behalf of Valuable Properties, Inc. (VP). The judgment was in favor of Mr. Chen as the successor-in-interest to VP, a dissolved corporation.1 Prior to its dissolution...

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