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  • LLC Fee Held Unconstitutional as Applied to LLCs Organized in Other States But Doing Business in California: Are You Entitled To A Refund?

LLC Fee Held Unconstitutional as Applied to LLCs Organized in Other States But Doing Business in California: Are You Entitled To A Refund?

April 01, 2008

Limited liability companies organized outside California but doing business in California are generally required to pay an $800 franchise tax as well as an “Annual Fee” under Cal. Rev & Taxation Code §17942 ranging from $900-$11,790 per year, depending upon the amount of its total income. Before years commencing January 1, 2007, the “Annual Fee” levied was based upon an LLC’s total annual income generated worldwide, rather than upon that portion of an LLC’s income that was fairly apportioned to California.

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For more information, please contact:

Fred Weil

415-995-5087 Direct Phone
415-541-9366 Fax

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