SeeSALT Blog
Pillsbury SALT attorneys Robert Merten and Lexi Louderback will present during CLA’s Annual Income Tax Seminar on July 15.
Robert and Lexi will present on the topic, “Unraveling Metropoulos and Sourcing Sales of Intangibles under California’s Personal Income Tax Law.” They will discuss California’s personal income tax rules for characterizing income and sourcing sales of intangibles, with a heavy focus on the Office of Tax Appeals’ controversial Metropoulos decision holding that flow-through gain from an S corporation’s sale of goodwill should be sourced under California Code of Regulations, title 18, section 17951-4 rather than California Revenue and Taxation Code section 17952.
For more information and to register, please visit the CLA event page.