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Interested Parties Meetings Archive 2012

Note: Documents are in Adobe's Portable Document Format (PDF) unless otherwise noted.

Topic
(R&TC refers to Revenue & Taxation Code)
Date and time Notice/information
Research and Development Credit:  To open dialog with the public regarding specific areas of the R&D credit including: 1) what legislative proposals should be considered, 2) best way to understand the taxpayer’s business, 3) how FTB can expedite the audit process while ensuring the documentation and substantiation is sufficient to determine the proper qualified activities and expenses, and 4) what are some solutions to overcoming base year documentation issues.

October 11, 2012
1:30 p.m

Meeting notice and information
Assignment of Credits to Combined Group Members: To elicit public input which would authorize and establish specific procedures under which taxpayers may request that Franchise Tax Board staff permit the correction of defective elections, and identify general standards under which staff would review requests for the correction of a defective election, including examples of situations where such requests may or may not likely be granted following staff review.

October 1, 2012
10:00 a.m.

Meeting notice and information | Discussion Topics

Market-Based Rules for Sales Other Than Sales of Tangible Personal Property:  To address certain sales of services and intangible property which were not addressed in the proposed language of CCR section 25136-2.  Specifically, possible amendments include situations involving sales in connection with asset management services, dividends, and reasonable approximation of the factor information of the underlying corporation where the taxpayer does not have the factor information. March 29, 2012
1:30 p.m.

Meeting notice and information | Discussion Topics

Transfer of Appreciated Property to an Insurer: Discuss draft language for a new regulation under Revenue and Taxation Code section 24465. Specifically, this second IPM will address subdivision (c) (Annual Statement) of Revenue and Taxation Code section 24465.

March 29, 2012
10:00 a.m.

Meeting notice and information | Summary of Interested Parties Meeting

California Child and Dependent Care Expenses (CDC) Credit:  Discuss draft language for a new regulation under Revenue and Taxation Code section 17052.6 regarding adequate records that must be maintained by the taxpayer to establish entitlement to the Child and Dependent Care Expenses (CDC) Credit.

February 15, 2012
1:30 p.m.

Meeting notice and information | Proposed Language