Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

   Where a corporation formerly subject to tax under Chapter 2
(commencing with Section 23101) becomes subject to tax under Chapter
3 (commencing with Section 23501), the tax for the year in which the
change occurs will be assessed under Chapter 2 (commencing with
Section 23101) and not under Chapter 3 (commencing with Section
23501). For years subsequent to the year in which the change occurs,
the tax will be assessed under Chapter 3 (commencing with Section
23501).