California :: Tax Clearance and the 15-Day Rule

Thanks to California’s 15-day rule, business entities that form with 15 days or less left in the tax year and that have not conducted activity are not subject to the $800 annual/minimum tax. Let us know if you need help with your formation! Give us a call at 800.533.7272.

For more on California’s 15-day rule, check out this article on the Franchise Tax Board site. You can also find information on how the 15-day rule can impact dissolutions and withdrawals here.

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