On Friday, the FTB held an Interested Parties Meeting to listen to public comments regarding implementation of the Combined Reporting Group Credit Assignment for credits including the Enterprise Zone tax credits.  The FTB will continue to invite and analyze comments from the public while it fine tunes the methods by which the California enterprise zone tax credits can be assigned among companies.  The FTB issued a draft form 3544 for assignment of the tax credits and expects to update the FAQs on the website in the next two weeks in response to the issues raised at Friday’s meeting.  The current FAQ is posted on the FTB’s website here.

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