California Source Net Operating Losses: A Proposal For Eliminating Inequity In Combined Reporting By Providing Taxpayers In A Combined Reporting Group With An Option To Assign California Source Net Operating Losses To Other Members In The Same Combined Reporting Group
Taxation Section Of The California Lawyers Association 2019 Sacramento Delegation Paper This proposal was prepared by Karen Notz and Lili Sowlati.1 Contact Persons:2 Karen NotzDeloitte Tax LLP555 W. 5th Street, Suite 2700Los Angeles, CA 90013Telephone: (213) 553-1924 Lili SowlatiDeloitte Tax LLP555 W. 5th Street, Suite 2700Los Angeles, CA 90013Telephone: (213) 553-3026 Executive Summary The issue…