Comment by x0x0
5 days ago
It does here, at least in California. eg if you live in CA and own a DE llc, that llc will have income apportioned to CA.
5 days ago
It does here, at least in California. eg if you live in CA and own a DE llc, that llc will have income apportioned to CA.
Not quiet. Your profits from the business will just get taxed as a CA resident to your personally.
If an LLC does activity in California, it's subject to income apportionment in CA.