California adopts regulation prescribing sales and use tax audit procedures *

USA - April 8 2011
After more than a year in the making, the five-member board of the California State Board of Equalization (the "Board") adopted California Sales and Use Tax Regulation ("Regulation") 1698.

California Court of Appeal upholds twenty percent understatement penalty *

USA - December 15 2010
In 2008, the California Legislature enacted SBX1 28 which added section 19138 to the California Corporation Tax Law.

Co-authors: Eric J. Coffill.