California Revenue and Taxation Code

§ 23101.5

RTC § 23101.5 Effective Oct 6, 1993Div. 2 · Part 11 · Ch. 2 · Art. 1

Statute text

(a)The Franchise Tax Board may determine that a corporation is not doing business in this state for purposes of this chapter or deriving income from sources within this state for purposes of Chapter 3 (commencing with Section 23501) if its only activities within this state are either or both of the following:

(1)The purchase of personal property or services solely for its own use or use by its affiliate outside this state if:

(A)The corporation does not have more than 100 employees in this state, whose duties are limited to solicitation, negotiation, liaison, monitoring, auditing, and inspecting the personal property or services acquired, or providing technical advice with respect to its requirements, and

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Legislative history

Repealed (in Sec. 37.2) and added by Stats. 1993, Ch. 877, Sec. 37.5. Effective October 6, 1993. Section operative January 1, 1994, by its own provisions.