California's MIC Regulations and FTB Taxpayer Guidance on Claiming the MIC--Part II

Micheli, Chris
January 2003
Journal of State Taxation;Winter2003, Vol. 21 Issue 3, p23
Academic Journal
Outlines the California's manufacturer's investment credit (MIC) regulations and Franchise Tax Board (FTB) taxpayer guidance on claiming the MIC. Presentation of FTB staff's responses and proposed recommendations to the public comments received; FTB's resolution regarding the proposed regulations; Summary of nonsubstantive changes to the Bank and Corporation and Personal Income Tax Regulations Recordkeeping requirements.


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