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.
Questions & Comments: mhunsaker@bakerlaw.com
Subscribe to The State Tax Show
Amazon | Apple Podcast | Google Podcast | iHeartRadio | Spotify | Stitcher | TuneIn