Legal Opinion
Title Insurance & Trust Co. v. Franchise Tax Board
California Court of Appeal
Decided October 11, 1956No. Civ. 21726PublishedCited by 5 opinions
1Opinion of the CourtMoore, P. J.
Appellant filed its action in two counts: One was to recover the franchise tax as to its trust business paid for the year 1943; Two was to recover interest on the franchise tax paid for 1942 but refunded by order of the Franchise Tax Board May 31, 1950. Both demands were rejected. Appellant brought the matter here, contending (1) that it was not, in 1943, subject to the tax imposed by the former Bank and Corporation Franchise Tax Act for the calendar year 1943 by reason of the contents of section 14% of article XIII of the California Constitution; (2) that it is entitled to interest on the…
2Cases cited3 opinions
- Fullerton Oil Co. v. JohnsonCalifornia Supreme Court · 1934
- Carpenter v. People Mutual Life InsuranceCalifornia Supreme Court · 1937
- Spring Valley Co., Ltd. v. JohnsonCalifornia Court of Appeal · 1935
3Cited by5 opinions
- Mutual Life Insurance v. City of Los AngelesCalifornia Supreme Court · 1990
- People v. StewartCalifornia Court of Appeal · 1983
- Westfield-Palos Verdes Co. v. City of Rancho Palos VerdesCalifornia Court of Appeal · 1977
- Handlery Hotels, Inc. v. Franchise Tax BoardCalifornia Court of Appeal · 1995
- Mutual Life Insurance v. City of Los AngelesCalifornia Supreme Court · 1990