California Tax Takes: Unclaimed Property Amnesty May Return

By Sara Lima, Peter Kanter, Matthew Rilla and Shail Shah (October 3, 2019, 3:52 PM EDT) -- The latest budget bill signed by California Gov. Gavin Newsom included a section that may have significant ramifications for businesses that are looking to disclose potential unclaimed property in California but have been reluctant to do so because of California's onerous penalty provisions. ...

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