California Court of Appeal
Bunzl Distribution USA Inc. v. Franchise Tax Board, 137887
Affirmed that a multinational corporation owed $1.4 million in 2005 California state taxes. Rejected the corporation's contention that the Franchise Tax Board should have excluded income from corporate-owned limited liability companies in calculating its California tax liability under the Uniform Division of Income for Tax Purposes Act.
Appellate Information
- Published 2018/09/28
Judges
- Jenkins
Court
- California Court of Appeal