FARMER BROS. CO. v. FRANCHISE TAX BD., B160061
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.
- Decided 05/21/2003
- Published 05/21/2003
- California Court of Appeal
- 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.