Cut Housing Costs in California by Repealing Prop. 39 From 2000
Commentary One of the defects in California’s political system is how not just the public-employee unions, but the ...
Source: theepochtimes.com
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CA Section 2115 Consolidation Rule Complicated by Prop 39
Section 2115 California Corporations Code imposes General Corporation Law provisions on foreign corporations under two tests, including business test requiring property, payroll, sales factors average more than 50% prior year revenue. Prop 39 complicates determination.
Source: natlawreview.com
CA Clean Energy Fund Complicates Pseudo-Foreign Corporation Law
California Prop 39 Clean Energy Fund most multi-state corporations must apportion income with single-sales factor. CA Corporations Code Section 2115 applies law to foreign corporations, property, payroll, sales tax above 50%, no longer can allot CA income using all factors.
Source: natlawreview.com