Press Room: California Franchise Tax Board

September 20, 2018

California Franchise Tax Board Proposes Significant Changes to Market-Based Sourcing Rules

California’s Franchise Tax Board (FTB) held its third Interested Parties Meeting (IPM) on May 18, 2018, to discuss proposed changes to California Code of Regulations Title 18 Sec. 25136-2, which enumerates the state&rsquo ...

September 27, 2019

Got Losses? Why Pre-Revenue Start-Ups and Companies with No Gross Receipts Should Seek Relief from California’s Standard Apportionment Formula

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 ...

February 14, 2020

California Decision Highlights State’s Aggressive Stance on Taxing Non-Resident Sole Proprietors

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 ...