January 06, 2016
On December 31, 2015, the California Supreme Court issued its decision in The Gillette Company v. Franchise Tax Board, Case No. S206587 (Cal. Dec. 31 2015), reversing the California Court of Appeal decision (see Andersen’s ...
November 19, 2018
The Council On State Taxation (COST) is the premier state tax organization representing taxpayers. COST is a nonprofit trade association consisting of nearly 600 multistate corporations engaged in interstate and international business. This year, ...
April 26, 2019
Starting May 6 through May 8, 2019, Tax Executives Insitute (TEI) will hold their annual Region 9 & 10 Conference in Newport Beach, CA. The TEI conference is an excellent educational and networking event for all in-house ...
June 27, 2019
California Senate Bill 378 (S.B. 378), a proposal to revive California’s gift, estate and generation-skipping transfer tax, will not likely pass this year. The bill included a 40% tax on California estates above ...
September 27, 2019
Start-ups often lack revenue during their first years of operation. Companies with uneven revenue streams may experience years of no revenue. California’s apportionment method for determining California taxable income is based ...
November 11, 2019
Andersen Managing Directors Kenneth Zemsky and Eric Anderson will present at the upcoming Tax Executives Institute (TEI) New Jersey Chapter Seminar. Their presentation will discuss alternative apportionment and how it affects New ...
November 17, 2019
Mary Duffy, Managing Director at Andersen, will present at an upcoming conference hosted by the California Certified Public Accountant (CPA) Education Foundation. The 2019 Federal, State, Local and International Taxation Conference will ...
February 14, 2020
In a decision that has impacts well beyond the state, the California Office of Tax Appeals (the OTA) ruled in favor of the California Franchise Tax Board (the FTB) in Blair S. Bindley ...
June 16, 2020
Both houses of the California state legislature have passed a bill expected to generate over $9 billion in income taxes. Assembly Bill (AB) 85 passed in the Senate along party lines 27-11 (with two senators ...
July 07, 2020
California imposes tax on the entire amount of trust income derived from California sources regardless of the residency of the trust’s fiduciaries, the California Court of Appeal held in Steuer v. ...
