California Revenue and Taxation Code

§ 23101

RTC § 23101Div. 2 · Part 11 · Ch. 2 · Art. 1

Statute text

(a)“Doing business” means actively engaging in any transaction for the purpose of financial or pecuniary gain or profit.

(b)For taxable years beginning on or after January 1, 2011, a taxpayer is doing business in this state for a taxable year if any of the following conditions has been satisfied:

(1)The taxpayer is organized or commercially domiciled in this state.

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Legislative history

Amended November 6, 2012, by initiative Proposition 39, Sec. 3.