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California › Proposed Regulation › Income Taxes

Alston & Bird

Asset Managers with California Investors Could Face New State and Local Taxes

Alston & Bird on

Our State & Local Tax Team breaks down proposals from both California and San Francisco that would use investors’ location to decide whether to tax out-of-state asset managers....more

Eversheds Sutherland (US) LLP

California’s proposed market sourcing reg raises questions

Eversheds Sutherland (US) LLP on

The California Franchise Tax Board (FTB) has proposed amendments to its regulations that govern how sales of services and intangibles are sourced for income tax purposes. The changes to this income tax apportionment...more

Proskauer - Tax Talks

California FTB Releases Updated Proposed Regulations on Market-Based Sourcing Rules – Implications for Asset Managers

Proskauer - Tax Talks on

On September 13, 2024, California’s Franchise Tax Board (“FTB”) released updated proposed regulations (“Draft Regulations”), which would amend the rules regarding market-based sourcing for sales other than sales of tangible...more

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