Examples of types of state taxes
Corporate Income Tax
California’s corporate income tax applies to corporations and is based on income earned in California. Income from “pass-through" entities like S-corporations, limited liability companies (LLCs), partnerships, and sole proprietorships is subject to the state’s tax on personal income.
Franchise Tax
California’s franchise tax applies to S-Corps, standard limited liability companies (LLCs), limited partnerships (LPs), and limited liability partnerships (LLPs), as well as traditional corporations (C corporations).
Alternative Minimum Tax
An alternative minimum tax (AMT) is intended to ensure wealthy taxpayers do not use loopholes to avoid paying taxes.
Special Taxes and Fees
The California Department of Tax and Fee Administration's Business Tax and Fee Division administers over 30 special tax and fee programs that encompass a broad range of activities and transactions. Review which may apply to your business.
Tax by business type
Tax types and rates vary by the type of business you own (e.g. LLC, S-Corp). Tax codes change often, so it's best to refer to the State of California Income Tax filing requirements by business ownership type to get the most up-to-date details.