Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

If the legal entity underwent a non-taxable reorganization, would the legal entity be required to file form BOE-100-B?

April 26, 2017boe-100-b entity file form Legal non-taxable Reorganization underwent

0

Posted

If the legal entity underwent a non-taxable reorganization, would the legal entity be required to file form BOE-100-B?

1 Answer

0

Posted

Yes. Although the legal entity underwent a nontaxable reorganization that may be excluded from change in ownership by law, the entity must still complete and file form BOE-100-B. The filer would include information about the non-taxable reorganization at that time. (See Revenue and Taxation Code section 64(b).) For further information on exclusions, see discussion on Exclusions from Reassessment.