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California THT Real Estate withholding

Posted by Rob on April 24, 2008 at 1:16 PM

Is there an exemption to the withholding for the gain if the bene is a CA corp? It is a pass through trust with the same EIN as the corp. I know I have closed these in the past with the exemption, but this escrow officer is telling me otherwise. Anyone know the Franchise Tax Board ruling on this?


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