Fibreboard Paper Products Corp. v. Franchise Tax Board

Fibreboard Paper Products Corporation appeals from the judgment in its action to recover a refund of corporate franchise tax, contending that respondent Franchise Tax Board incorrectly treated certain items of income and expense in measuring the tax imposed upon appellant for the year 1957.

The cause was submitted, and decided by the trial court, on a written stipulation of facts which included a narrative and several documents which were attached thereto and incorporated in the stipulation by reference. Because the facts are extensive and intricate, we need not recite the full stipulation.

The…