Heating Equipment Manufacturing Co. v. Franchise Tax Board

In this action for a refund of a portion of a franchise tax, plaintiff corporation appeals from a judgment in favor of defendant Franchise Tax Board.

Plaintiff brought the instant action pursuant to section 26102 of the Revenue and Taxation Code 2 for a refund of a portion of the franchise tax paid by it for the taxable year commencing March 1, 1956, and ending February 28, 1957. Basically it claimed therein that it had duly prepaid its franchise tax for said taxable year, that it had been dissolved on December 11, 1956, that said dissolution was not pursuant to a reorganization, consolidation…