A limited liability company shall not be subject to the taxes and fees imposed by this chapter if the limited liability company did no business in this state during the taxable year and the taxable year was 15 days or less.
Cal. Rev. & Tax. Code § 17946
Tax and Fees on Limited Liability Companies
Added by Stats. 1996, Ch. 952, Sec. 19
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.