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  2. Low-profit limited liability company - Wikipedia

    en.wikipedia.org/wiki/Low-profit_limited...

    e. A low-profit limited liability company (L3C) is a legal form of business entity in the United States. [1] Commonly referred to as a hybrid structure, it has characteristics of both for-profit and non-profit entities. [1] L3Cs were created to comply with the Internal Revenue Service (IRS) program-related investments (PRIs) rules which allow ...

  3. 1978 California Proposition 13 - Wikipedia

    en.wikipedia.org/wiki/1978_California_Proposition_13

    v. t. e. Proposition 13 (officially named the People's Initiative to Limit Property Taxation) is an amendment of the Constitution of California enacted during 1978, by means of the initiative process, to cap property taxes and limit property reassessments to when the property changes ownership, and to require a 2/3 majority for tax increases in ...

  4. California Franchise Tax Board - Wikipedia

    en.wikipedia.org/wiki/California_Franchise_Tax_Board

    The California Franchise Tax Board (FTB) administers and collects state personal income tax and corporate franchise and income tax of California. It is part of the California Government Operations Agency. The board is composed of the California State Controller, the director of the California Department of Finance, and the chair of the ...

  5. Taxation in California - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_California

    At 7.25%, California has the highest minimum statewide sales tax rate in the United States, [8] which can total up to 10.75% with local sales taxes included. [9]Sales and use taxes in California (state and local) are collected by the California Department of Tax and Fee Administration, whereas income and franchise taxes are collected by the Franchise Tax Board.

  6. How To File Taxes Online With IRS Free File in 2024 - AOL

    www.aol.com/6-pros-cons-california-20-154902929.html

    Online Taxes at OLT.com: This provider offers free returns with a maximum AGI of $45,000. Returns are free for any age, and all states enjoy free federal and state returns.

  7. Series LLC - Wikipedia

    en.wikipedia.org/wiki/Series_LLC

    California [15] California does not permit series LLCs. However, California requires that each cell of a foreign series LLC that does business in California must pay the annual franchise fee. Delaware [18] 1996 90 note 6 300 no D.Columbia [19] 99 note 1 note 2 300/2 yrs Illinois [1] 2005 150 note 1 note 2 75 yes Indiana [20] Iowa [4] 50 note 1 ...

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