California Source income nexus - Spidell

California Source income nexus

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Message Board California Source income nexus

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    • #267339
      Robert Oberstein
      Participant

      Nevada resident of a sole shareholder of a S-Corp whose operations are primarily in California. Does this shareholder who is a Nevada resident have California nexus issues for estate planning. Because of the operations are in California, will California pursue a California nexus for estate taxes.

    • #267392
      Lynn Freer
      Participant

      California does not have an estate tax. If he is a resident of NV his estate issues would follow NV law. After death, the income from the S corp will be taxed to CA like it is now

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