Sales and Use Tax Law: vehicles: shell companies.

Summary

The bill broadens the definition of a California resident for vehicle, vessel and aircraft use‑tax purposes to include partnerships, limited partnerships, limited liability partnerships and any shell company with a California shareholder, partner, member or beneficial owner. It also makes officers, managers, partners, beneficial owners or members of such shell companies personally responsible for any unpaid tax, interest or penalties. The changes take effect immediately and do not require state reimbursement to local agencies.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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