A Reputation For-Integrity And Excellence

A Reputation For-Integrity And Excellence

Elk Hills Power, LLC v. State Bd. Equalization

On Behalf of | May 10, 2020 | Public Utilities

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.