Mole-Richardson Co. v. Franchise Tax Board

Opinion

TODD, J. *

Appellant Franchise Tax Board appeals from a judgment granting refund of corporate franchise taxes paid for income years 1972 through 1975 by respondent Mole-Richardson Company. The question presented is whether under the factual circumstances of this case the activities of a corporation with diverse business enterprises carried on both within and without the state constitute one unitary business for income apportionment purposes. We hold that they do and affirm the judgment.

The case was submitted on stipulated facts and uncontradicted testimony that may be summarized as…