The Long Arm of California’s Franchise Tax Board
In two recent decisions, both of which will be precedential, the California Office of Tax Appeals (OTA) ruled against taxpayers and in favor of the California Franchise Tax Board (FTB), as the FTB demonstrated its long reach when it comes to collecting taxes.
In its opinion in The Matter of the Appeal of Aroya Investments I, LLC, issued on July 7, 2020, Continue Reading …