Section 23114 Of Article 1. Definitions And General Provisions From California Revenue And Taxation Code >> Division 2. >> Part 11. >> Chapter 2. >> Article 1.
23114
. (a) A corporation shall not be subject to the taxes imposed
by this chapter if the corporation did no business in this state
during the taxable year and the taxable year was 15 days or less.
(b) The period of time for which a corporation is not subject to
taxes imposed by this chapter as provided in subdivision (a) may not
be considered a taxable year for purposes of subdivision (e) or
paragraph (1) of subdivision (f) of Section 23153.