Feb 1, 2019 | Specialty Tax, Tax
The California Franchise Tax Board (FTB) has issued guidance on California Assembly Bill, A.B. 2503, which provides relief for LLC and corporations no longer doing business in California. Effective January 1, 2019, the FTB may administratively dissolve a domestic...
Dec 28, 2018 | Specialty Tax, Tax
The California Department of Tax and Fee Administration (“CDTFA”) will implement new use tax collection requirements for both in-state and out-of-state retailers, effective April 1st, 2019. Particularly, out-of-state retailers selling above certain...
Nov 14, 2018 | Specialty Tax, Tax
LEGAL RULING 2018-01: THE CALIFORNIA FTB ISSUES ADDITONAL GUIDANCE ON ITS NARROW INTERPRETATION OF TAXPAYER RELIEF UNDER SWART ENTERPRISES In Legal Ruling 2018-01 (2018-01), the Franchise Tax Board (FTB) has modified its previous Legal Ruling 2014-01 (July...
