Decision Diagnostics Corp (DECN)

[Alydyr]

This California law firm is stating EXACTLY what I've posted here. In the case below, the Nevada business must register as a foreign corporation in California. Keep in mind, that "Decision Diagnostics Corporation" is NOT registered as a California entity.

LoL

See below.....


Should California Businesses Incorporate in Nevada?


It is true that Nevada does not have an income tax and that a Nevada business does not pay state income tax. The problem is that California businesses usually conduct little or no business in Nevada. California business people usually have businesses operating in California, and if a business operates in California it likely will have to qualify to do business in California and pay at least the minimum franchise tax in California even though it may be a Nevada corporation. The critical issue is not the jurisdiction in which a business is organized, but the jurisdiction in which the entity is conducting its business. As a general rule, if a Nevada corporation is entering into transactions with Californians and earning income from those transactions, then that corporation is viewed as doing business in California. By doing business in California, the Nevada corporation would have to register in California as a foreign corporation doing business in California, and it will probably have to pay California tax on its income earned in California.

http://www.pahl-mccay.com/should-california-businesses-incorporate-in-nevada.aspx