2022 Precedential Franchise and Income Tax Opinions

2022 Precedential Franchise & Income Tax Summary Opinions

Decisions Month Year Cite Decision Type Issues
J. Silver and K. Silver December20222022-OTA-408PPending PrecedentialLoss limitations (at-risk rules) (IRC 465); disregarded entity, alter ego theory; late filing penalty (R&TC 19131)
F.A.R. Investments Inc.December20222022-OTA-395PPending PrecedentialLike-kind exchange (IRC 1031)
B. Housman & B. Pena November20222022-OTA-375P
Pending PrecedentialResidency (R&TC 17014; Reg. 17014); check-the-box classification (Treas. Reg. 301.7701-3); stock valuation
J. Fisher and M. FisherOctober 20222022-OTA-337P
PrecedentialLate filing penalty (R&TC 19131)
D.BeckwithOctober 20222022-OTA-332P
PrecedentialResidency (R&TC 17014: Reg. 17014)
MJK Real Estate FundAugust 20222022-OTA-247PPrecedentialDoing business in California (LLC) (R&TC 17941, 23101); jurisdiction (claim for refund) (R&TC 19322)
J. Acosta and M. CastroAugust20222022-OTA-235PPrecedentialCommunity property; jurisdiction; preemption (49 U.S.C. section 11502, Interstate Railroad Employee Wages)
R. ShewardJuly20222022-OTA-228PPrecedentialCalifornia source income (nonresident, sole proprietorship) (Reg. 17951-4); cascading rules (Reg. 25136-2)
M. Johnson and A. JohnsonJune20222022-OTA-166P
PrecedentialCancellation of debt (COD) income (IRC 108); recourse debt, nonrecourse debt; IRC 1231 gain; pass-through entity
R. CarrJune20222022-OTA-157P
PrecedentialOTA lacked jurisdiction to hear claims for refund, as taxpayer had not established tax payments (R&TC 19331, 19322.1)
Amarr CompanyFebruary20222022-OTA-041PPrecedentialInstallment sale (IRC 453); business income (goodwill) (R&TC 25120); special apportionment (R&TC 25137)