Under a regulation recently finalized by the California Franchise Tax Board (FTB), fees received by asset managers may be subject to income tax in California based on the domicile of a fund’s underlying investors or...more
12/5/2025
/ Asset Management ,
Beneficial Owner ,
California ,
Final Rules ,
Franchise Tax Board ,
Fund Managers ,
Income Taxes ,
Investment Funds ,
Investment Management ,
New Regulations ,
Non-Domiciled Investors ,
Pass-Through Entities ,
Private Funds ,
Regulatory Requirements ,
State Taxes ,
Tax Planning