Reed Smith's State Tax Group’s California team consists of lawyers engaged in cutting-edge cases involving apportionment (such as alternative apportionment issues and cost of performance), the treatment of dividends, the taxation of REITs, the taxation of banks and financial corporations, and the calculation and preservation of various deductions and credits, such as Enterprise Zone (EZ) credits and research credits. Our California attorneys are also involved in the regulatory process, often commenting on proposed regulations and providing testimony concerning regulatory and policy efforts.