CA LLC question.

[colpanic]

Ok, I know this is the totally wrong place to ask this.. but since I know you guys answer quickly....

If an LLC has been incorporated, but never sold anything (done no business). Does it still have to pay the $800 Franchise tax?

Anyone?

Thanks

[ravo]

I assume that by 'CA' you mean California, not Canada?

[BigWebRev]

yes, i think you will need to pay it.....

check out http://www.biz-usa.com/

[AgentCash]

Ok, I know this is the totally wrong place to ask this.. but since I know you guys answer quickly....

If an LLC has been incorporated, but never sold anything (done no business). Does it still have to pay the $800 Franchise tax?

Anyone?

Thanks

Yep. Had to pay it in back taxes for the first few years when I didn't run anything through the corp.