California's Minimum Tax and LLC Fee

The Bloomberg BNA Tax Management Weekly State Tax Report filters through current state developments and analyzes those critical to multistate tax planning.

California is continually found on lists of states that are the least taxpayer-friendly for residents, due in part to its high tax rates. In this article, Friedman LLP's Alan Goldenberg discusses how the California minimum tax and LLC fee make the state pricey for businesses as well.