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AB 198 (2007) c. 381

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AB 198, c. 381: Income taxes; LLCs, apportionment. Changes the basis for reportable  income for determination of the limited liability corporation fee.  Specifically, this bill bases the fee on a limited liability corporations income derived from activity in California rather than on worldwide total income.  Also codifies a state court decision, Macy's v. 
San Francisco, to ensure that the state is only to issue refunds of the fee collected in violation of the federal Constitution.