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Re: WhiteFish post# 148001

Monday, 07/07/2014 1:50:05 PM

Monday, July 07, 2014 1:50:05 PM

Post# of 298910
Definition of "Doing Business" in CA
"The entity actively engages in any transaction in California for the purpose of financial gain or profit."
"The entity is organized or commercially domiciled in California. The commercial domicile is the principal location from which the business is managed."
"The entity has California sales in excess of the lesser of $500,000 or 25 percent of its total sales."
"The value of the entity’s real property and tangible personal property located in California exceeds the lesser of $50,000 or 25 percent of the value of this property owned by the taxpayer."
"The entity’s California compensation paid exceeds the lesser of $50,000 or 25 percent of the total compensation paid."


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