Reed Smith's State Tax Group’s California team consists of lawyers engaged in cutting-edge multistate cases involving apportionment (such as alternative apportionment issues and market-based sourcing), treatment of dividends, business and nonbusiness income, and taxation of banks and financial corporations. The California team is known for taking novel approaches to issues such as the calculation and preservation of various deductions and credits and also for challenging the imposition of penalties such as accuracy-related penalties and the large corporate understatement penalty. Our team has also secured large sales tax refunds for clients, involving issues such as technology tax agreements.

Our California lawyers are deeply connected with California’s taxing agencies and use these connections to proactively approach California tax law by participating in the regulatory process, often commenting on proposed regulations and providing testimony concerning regulatory and policy efforts.