§ 25122
78 words·~1 min read·
/ca/revenue-and-taxation-code/25122A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
For purposes of allocation and apportionment of income under this act, a taxpayer is taxable in another state if
(a)in that state it is subject to a net income tax, a franchise tax measured by net income, a franchise tax for the privilege of doing business, or a corporate stock tax, or
(b)that state has jurisdiction to subject the taxpayer to a net income tax regardless of whether, in fact, the state does or does not.