California Court of Appeal
Elk Hills Power, LLC v. State Bd. Equalization, D056943
In an action for refund of property taxes and for declaratory relief pursuant Revenue and Taxation Code section 5148(a), summary judgment in favor of defendant is affirmed where defendant's unitary taxation determinations properly assessed plaintiff's power plant as a going concern, assuming the presence of intangible assets or rights necessary to put power plant to beneficial or productive use.
Appellate Information
- Decided 05/10/2011
- Published 05/10/2011
Judges
- HUFFMAN
Court
- California Court of Appeal