Notwithstanding the provisions of Section 23301 or 23301.5, any taxpayer that transacts business or receives income within the period of its suspension or forfeiture shall be subject to tax under the provisions of this chapter.
Cal. Rev. & Tax. Code § 23303
Suspension and Revivor
Applied in 1 court decision — leading case United States v. Standard Beauty Supply Stores, Inc. (1977)
Most recently applied in United States v. Standard Beauty Supply Stores, Inc. (September 1977)
Amended by Stats. 2023, Ch. 209, Sec. 6
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.