Joint Informational Hearing: Peering Over the Water's Edge: State Taxation of Foreign Subsidiary Income.
February 11, 2026
State Capitol Building, Room 112
9:30am
- Agenda
- Background Paper
- Franchise Tax Board Memo & Treasury Department Press Release - May 6, 1987
- How Foreign Subsidiaries are Taxed in California - Director Jennifer Barton and Chief Economist John McMahan, Franchise Tax Board
- Testimony - Professor Darien Shanske, UC Davis School of Law
- Some More Context for Considering the Water's Edge - Professor Darien Shanske, UC Davis School of Law
- Closing the Largest Corporate Tax Loophole in California - Kayla Kitson, California Budget and Policy Center
- Revisiting the Debate Over State Taxation of Foreign Source Income - Karl A. Frieden and Douglas L. Lindholm