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I would try it, you've got nothing to lose...

Posted by Ward-CA- on October 29, 2003 at 4:32 PM

In Reply to: Re: Across the counter registration takes one day. posted by Sare_CA on October 27, 2003 at 8:59 PM

: Ward,
: What if I have already opened escrow with my buyer. Is forming a multi-member LLC too late, even if it takes only one day? Are there other ways to avoid the 3.3% California tax at this point?
: Thanks.

-=-=-=-=-=-=-=-=-=-=-=-=-=-

Sara,

I would try it, even though it's recommended to have all your ducks in a row before opening escrow.

For a complete treatise on the exemptions for the 3.3% advance withholding tax get the franchise tax board explanation from a local escrow company.


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