A limited partnership shall not be subject to the taxes imposed by this chapter if the limited partnership did no business in this state during the taxable year and the taxable year was 15 days or less.
Cal. Rev. & Tax. Code § 17936
Tax on Limited Partnerships
Added by Stats. 1997, Ch. 604, Sec. 10
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.