How long can a California LLC not file or pay any income or sales tax before they are shut down? What will California do?
- Max HooplaLv 72 months ago
It will be suspended if it doesn't file its annual return and pay the minimum tax of $800. Reviving a corporation costs revivor fees plus back taxes.
- A HunchLv 72 months ago
A California LLC is required to pay California corporate taxes each year (except the first year). This tax is for ALL corporations and LLCs, even if you have $0 income or $0 profit.
You will likely be allowed to slide 1 year but you will still owe the tax for that year.
If you aren't doing business you should dissolve the LLC so you don't incur these taxes.
- Anonymous2 months ago
Forever as long as the LLC does not have any income or sales tax due.