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FTB issues Notice to Retroactively Deny "Qualified Small Business Stock" Tax Benefits. Amended Returns Should be Filed.

A California appellate court recently held as unconstitutional the California statutes extending the benefits of selling “qualified small business stock” (QSBS) to California taxpayers. In Cutler v. Franchise Tax Board (2012)...more

12/28/2012 - Commerce Clause Cutler v Franchise Tax Board Discrimination Franchise Tax Board Income Taxes Qualified Small Business Stock Retroactive Application Retroactive Taxes

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