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NV LLC with CA liabilities?

Asked by: Jackie M - 25 September, 2011 If you have a NV LLC with a bank account in CA does this mean I'm liable for CA state taxes?
Answered by: Alec Green - 27 September, 2011 Jackie,

Usually keeping a bank account in another state does not necessarily mean that the company has "nexus" in that state. With that being said, California is known for its aggressive approach to "nexus", therefore they might consider having a bank account as sufficient to establish nexus.

I would suggest you to read this answer by Robert, where he touches the subject of nexus: Business between two LLCs


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