![]() ![]() Therefore, Corporation D must file a California return to pay the minimum tax. Does Corporation D have sales assigned to California for purposes of the California sales factor numerator?Īnswer: Corporation D, though considered doing business in California because it has $1,000,000 in California sales, has no California sales for California sales factor purposes because it is not taxable in California under PL 86-272. For the 2013 taxable year, Corporation D has $1,000,000 of California sales but no property or payroll in California. Scenario: Corporation D, an out-of-state corporation, sells tangible goods over the internet and qualifies for protection under PL 86-272. RTC 25135(a) & (b) and regulations thereunder Public Law 86-272 Here are some examples to help you with sales of tangible personal property.įor taxable years beginning on or after January 1, 2011, sales are in California if any member of the combined reporting group is taxable in California, or if the goods are shipped from California to a state where no member of the combined group is taxable.
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