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California Assembly Bill 71 would have made major changes to how California taxes foreign income, including a thinly-veiled attempt to get multinationals to elect worldwide combination. It looks like the bill will not pass this session, but the policies may not be entirely dead.

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Questions &amp; Comments: <a href="mailto:mhunsaker@bakerlaw.com">mhunsaker@bakerlaw.com</a>

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Dodging the California Foreign Tax Bullet – AB 71

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