FTB notice: accuracy-related penalties on Sec. 25137.The FTB FTB Franchise Tax Board (California; they collect income and sales tax) FTB Family Tax Benefit (Australian welfare assistance) FTB First Time Buyer (housing) has issued a notice regarding accuracy-related penalties for asserting a Revenue and Taxation Code Sec. 25137 variation in an original return filing without having obtained prior FTB approval. The FTB said it has noticed that some taxpayers who are subject to the apportionment The process by which legislative seats are distributed among units entitled to representation; determination of the number of representatives that a state, county, or other subdivision may send to a legislative body. The U.S. and allocation The apportionment or designation of an item for a specific purpose or to a particular place. In the law of trusts, the allocation of cash dividends earned by a stock that makes up the principal of a trust for a beneficiary usually means that the dividends will be treated as provisions under Chapter 17 of the Corporation Tax Law have filed original returns that are inconsistent with rules provided in the Revenue and Taxation Code, Secs. 25120-25136, and regulations adopted under RTC See real time clock. Sec. 25137. [ILLUSTRATION OMITTED] For more, visit www.ftb.ca.gov/law/notices/2004/2004_5.pdf. |
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