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Qualified Small Business Stock Gain Exclusion Commerce Clause

Fenwick & West LLP

Tax Alert: FTB Disallows California Qualified Small Business Stock Benefits

Fenwick & West LLP on

The California Franchise Tax Board (FTB) recently issued FTB Notice 2012-03, stating that the FTB will disallow the exclusion or deferral of gain under California's qualified small business stock (QSBS) statute for all tax...more

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