California Court of Appeal

Revenue and Taxation Code section 24402, known as the "dividends received deduction," violates the Commerce Clause of the U.S. Constitution by discriminating against corporations engaged in interstate commerce.

Appellate Information

• Decided 05/21/2003
• Published 05/21/2003

Judges

• MALLANO, J.

Court

• California Court of Appeal

Counsel

• For Appellees:
  
•  Bill Lockyer, Attorney General, W. Dean Freeman, Lead Supervising Deputy Attorney General, and Gregory S. Price, Deputy Attorney General, for Defendant and Appellant., Anglin, Flewelling, Rasmussen, Campbell & Trytten, Robin C. Campbell, Los Angeles;  Morrison & Foerster, Thomas Hugh Steele and Amy L. Silverstein, San Francisco, for Plaintiff and Respondent.