Swart's Athwart California's Taxation of Out-of-State Corporations
By EsqSocial Corporation 20/01/17
The California Franchise Tax Board (“FTB”) started 2017 with a setback as the Court of Appeal for the Fifth Appellate District held in Swart Enterprises, Inc. v. Franchise Tax Board that the FTB could not impose California’s annual $800 minimum...
By: Nossaman LLP