California FTB Issues Overview of Group Nonresident Tax Return

The California Franchise Tax Board (FTB) published an overview of the California group nonresident tax return, also known as a composite tax return. The document includes information on what types of corporations and partnerships can file a group nonresident return, who qualifies as a nonresident, and other filing requirements. [Cal. Franchise Tax Bd., California group nonresident tax return, 12/30/24]

This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.