California Franchise Tax Board proposes amendments to market-based sourcing regulations, holds public hearing

August 2011

Overview

The California Franchise Tax Board (FTB) has proposed amendments to California Code of Regulations section 25136(b), regarding sales of other than tangible personal property, which would set rules for determining assignment of sales for purposes of single sales factor apportionment. A hearing on the proposed regulations was held on August 10, 2011. [Proposed Cal. Code of Reg. Section 25136(b); Click here for the hearing notice]

Contact us

Peter Michalowski
National SALT Practice Leader
Tel: +1 (646) 471 5259
Email

Follow us