Form FTB3500 Exemption Application - California

What Is Form FTB3500?

This is a legal form that was released by the California Franchise Tax Board - a government authority operating within California. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form FTB3500?
A: Form FTB3500 is an Exemption Application form in the State of California.

Q: Who needs to file Form FTB3500?
A: Any organization that wants to apply for tax exempt status in California needs to file Form FTB3500.

Q: What is the purpose of filing Form FTB3500?
A: The purpose of filing Form FTB3500 is to apply for tax exempt status in California.

Q: Are there any fees associated with filing Form FTB3500?
A: Yes, there is a $25 filing fee for Form FTB3500.

Q: What are the supporting documents required to be submitted with Form FTB3500?
A: The supporting documents required to be submitted with Form FTB3500 include the organization's articles of incorporation, bylaws, and financial statements.

Q: How long does it take to process Form FTB3500?
A: The processing time for Form FTB3500 can vary, but it generally takes several months for the application to be reviewed and a determination to be made.

Q: What happens if my organization's application for tax exempt status is approved?
A: If your organization's application for tax exempt status is approved, it will be exempt from paying certain taxes in California.

Q: Can my organization's tax exempt status be revoked?
A: Yes, the tax exempt status of an organization can be revoked if it fails to meet the requirements for exemption or engages in activities that are not permitted for tax exempt organizations.