California FTB Proposes to Amend Conflict-of-Interest Code

The California Franchise Tax Board Dec. 3 proposed to amend its conflict-of-interest code for individual income, corporate income, and trust income tax purposes. The proposal includes measures to: 1) include employee positions that involve the making or participation in the making of decisions that may foreseeably have a material effect on any financial interest; 2) update position titles on many designated positions due to changes in information technology positions; and 3) make other technical changes. Comments on the proposed amendments are due Jan. 17, 2022. [Cal. Franchise Tax Bd., Notice - Conflict-of-Interest Code, 12/03/21 Cal. Reg. Notice Reg.]

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