Legal Opinion
Woodland Production Credit Ass'n v. Franchise Tax Board
California Court of Appeal
Decided March 3, 1964No. Civ. 10684PublishedCited by 8 opinions
1Opinion of the CourtFriedman, J.
Plaintiff Woodland Production Credit Association is an agricultural loan cooperative incorporated under section 20 of the federal Farm Credit Act of 1933. (12 U.S.C. § 1131d.) At issue is its liability for California corporation franchise taxes for the years 1952 and 1953. These taxes were levied against the corporation according to the measure of its income, which consisted of interest on certain United States bonds owned by it. After administrative hearings, the association paid the taxes under protest and now sues to recover. The facts are stipulated. The lower court sustained the state’s…
2Cases cited18 opinions
- Eisner v. MacOmberSupreme Court of the United States · 1920
- Eisner, Internal Revenue Collector v. MacOmberSupreme Court of the United States · 1919
- Reconstruction Finance Corporation v. Beaver CountySupreme Court of the United States · 1946
- Pittman v. Home Owners' Loan Corp.Supreme Court of the United States · 1939
- Pacific Co. v. JohnsonSupreme Court of the United States · 1932
13 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Anaheim Union Water Co. v. Franchise Tax BoardCalifornia Court of Appeal · 1972
- Alpha Therapeutic Corp. v. Franchise Tax BoardCalifornia Court of Appeal · 2000
- California State Automobile Ass'n v. Franchise Tax BoardCalifornia Court of Appeal · 1987
- Farm Credit Services Of Central Arkansas, Pca v. State Of ArkansasCourt of Appeals for the Eighth Circuit · 1996
- Production Credit Ass'n v. Taxation & Revenue DepartmentNew Mexico Court of Appeals · 2000
3 more not listed; retrieve them via the Exa API.