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Articles Posted in nonresidents selling California business

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LEAVING YOUR CALIFORNIA LLC BEHIND – How California Taxes The Sale of Business Interests by Nonresidents

  The Issue  California residents who plan to move to another (by definition lower income tax) state, either to retire or for business purposes, often face the problem of how to handle their business interests situated in California. Mostly these interests are LLCs, the preferred entity for many modern business…

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