Valentino v. Franchise Tax Board

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that S corporation shareholders are liable for California taxes based on the income earned by the S corporation through income producing activities within the state
• “However, the law is settled that there is no constitutional bar to imposing the [income] tax [on nonresident shareholders of an S corporation].”

Source: CourtListener parenthetical corpus (CC0).