Enterprise zone tax credit-taxpayer wins.

• Author: Williams, Leonard W.
• Position: DiCon Fiberoptics Inc. into tax credit cases with Franchise Tax Board - Brief article

The FTB may audit vouchers issued by a local agency and submitted by a taxpayer to the FTB to support a claim for an enterprise zone tax credit.

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However, a California Court of Appeals decision (Dicon Fiberoptics Inc v. Franchise Tax Board) has held that it is up to the FTB to prove that a challenged voucher was issued by the local agency in error.

Prior to the decision, the position of the FTB was that the taxpayer had to...