Does California have a safe harbor law?
Does California have a safe harbor law? The California Safe harbor is available for certain individuals leaving California under employment-related contracts. The principal purpose of the absence from California is to avoid personal income tax. What is the safe harbor rule? What is a safe harbor rule? The term “safe harbor” means that through law, you're protected from a penalty when conditions are met. While the term applies to many areas of law, a major application of it is in taxation. Safe harbor can be applied to estimated taxes giving you some leeway in how much you need to pay....