§ 23114
80 words·~1 min read·
/ca/revenue-and-taxation-code/23114A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)A corporation shall not be subject to the taxes imposed by this chapter if the corporation did no business in this state during the taxable year and the taxable year was 15 days or less.
(b)The period of time for which a corporation is not subject to taxes imposed by this chapter as provided in subdivision
(a)may not be considered a taxable year for purposes of subdivision
(e)or paragraph
(1)of subdivision
(f)of Section 23153.