Legal Opinion
Safeway Stores, Inc. v. Franchise Tax Board
California Supreme Court
Decided December 28, 1970No. S.F. 22757PublishedCited by 13 opinions
1Opinion of the Court
Opinion
BURKE, J.
Plaintiff Safeway Stores, Inc. (Safeway) recovered judgment for a refund of a portion of the franchise taxes paid to the State of California for the income years 1947 through 1950, and defendant Franchise Tax Board 1 appeals. As will appear, we have concluded that the trial court erred in its view that certain dividends paid to Safeway by its subsidiaries were not taxable under the Bank and Corporation Franchise Tax Act. Accordingly, the judgment will be reversed.
The matter was tried upon stipulated facts, which in pertinent part may be summarized as follows: Safeway, a…
2Cases cited8 opinions
- Edison California Stores, Inc. v. McColganCalifornia Supreme Court · 1947
- First Bank Stock Corp. v. MinnesotaSupreme Court of the United States · 1937
- Miller v. McColganCalifornia Supreme Court · 1941
- Southern Pacific Co. v. McColganCalifornia Court of Appeal · 1945
- Holly Sugar Corp. v. JohnsonCalifornia Supreme Court · 1941
3 more not listed; retrieve them via the Exa API.
3Cited by13 opinions
- River Garden Retirement Home v. Franchise Tax BoardCalifornia Court of Appeal · 2010
- Abbott Laboratories v. Franchise Tax BoardCalifornia Court of Appeal · 2009
- Ceridian Corp. v. Franchise Tax BoardCalifornia Court of Appeal · 2001
- Apple, Inc. v. Franchise Tax BoardCalifornia Court of Appeal · 2011
- Pacific Telephone & Telegraph Co. v. Franchise Tax BoardCalifornia Supreme Court · 1972
8 more not listed; retrieve them via the Exa API.