Category: Tax
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California Minimum Business Fees and First Year Exemption
The question is: do you have to pay any California Business License fees? If you searched the ca.gov site, and you may find the first year exemption, http://www.taxes.ca.gov/estpaybus.shtml it says: “Note: As of January 1, 2000, newly incorporated or qualified corporations are exempt from the minimum franchise tax for their first year of business.” So…