*Letters

Draft Second Set of FAQs Regarding California Revenue & Taxation Code

Published on:
March 12, 2009

SIFMA provides comments to the Franchise Tax Board on it’s draft Second Set of FAQs on Taxation Code Section 19138 of the California Revenue and Taxation Code. SIFMA’s principal concern with the latest FAQs is the very strict protocol applied to taxpayers wishing to make a valid amendment and/or general tax deposit as a means of containing exposure to Section 19138 liability.

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