Supreme Court of California
HOECHST CELANESE CORP. v. FRANCHISE TAX BD., s085091
A reversion of surplus pension plan assets is taxable by California as apportionable business income.
Appellate Information
- Decided 05/14/2001
- Published 05/14/2001
Judges
- BROWN, J.
Court
- Supreme Court of California
Counsel
- For Appellant:
- Morrison & Foerster, Eric J. Coffill, Carley A. Roberts and Lisa R. Brenner, Sacramento, for Plaintiff and Appellant.
- For Appellees:
- Bill Lockyer, Attorney General, Lawrence K. Keethe and George C. Spanos, Deputy Attorneys General, for Defendant and Respondent., Paull Mines and Anne E. Miller for Multistate Tax Commission, as Amicus Curiae on behalf of Defendant and Respondent.