CHARLES SCHWAB CORP. & SUBS. v. COMMISSIONER

Docket Nos. 16903-98, 18095-98.

123 T.C. 306 (2004)

123 T.C. No. 18

THE CHARLES SCHWAB CORPORATION AND SUBSIDIARIES, PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed September 29, 2004.


Attorney(s) appearing for the Case

Glenn A. Smith, Erin M. Collins, Laurence J. Bardoff, and Patricia J. Galvin, for petitioner.

Rebecca T. Hill, for respondent.


SUPPLEMENTAL OPINION

GERBER, Chief Judge:

In an earlier Opinion in these cases,1 two primary issues were decided. Respondent moved for reconsideration concerning our holding on the California franchise tax issue.2 Respondent seeks reconsideration concerning petitioner's entitlement to a $932,979 deduction for California franchise tax for its 1989 Federal...

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