4 ms·
If you’re in California, it’s difficult to avoid the state’s $800 annual minimum tax, regardless of where the entity is formed or who does the initial or ongoin
by wsh 6y ago
If you’re in California, it’s difficult to avoid the state’s $800 annual minimum tax, regardless of where the entity is formed or who does the initial or ongoing paperwork.
Even if a corporation or LLC is organized in Delaware or another state, if it does business or has employees in California, it has to register with California and pay the tax, which in some situations is waived for the first year.