Tax Law

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When California's Tax Conformity Act of 2010 Does Not Conform: California Does Not Follow the Federal Fix for CRTs with UBTI
Posted on 31 Aug 2010 by Danielle T. Zaragoza

California recently passed a bill to conform its tax law with the federal income tax law, but specifically did not accept the Federal fix for unrelated business taxable income (UBTI) of charitable remainder trusts (CRTs). Therefore, if a CRT in California... Read More