FTB Suspended Meaning
“FTB Suspended” refers to the status assigned by the Franchise Tax Board (FTB) when a business in California fails to meet compliance requirements, such as filing tax returns, paying due taxes, or updating required business information. This suspension restricts the company from conducting legal business activities, including entering contracts or accessing courts, until the issue is resolved.
Synonyms for FTB Suspended
Tax Suspension
Business Revocation
Corporate Suspension
Legal Restriction
License Deactivation
Tax Compliance Hold
Business Dissolution Status
Operational Freeze
Non-Compliance Penalty
Entity Suspension
Antonyms for FTB Suspended
FTB Active
Good Standing
Tax Compliance
Business Authorization
Operational Approval
Corporate Renewal
Entity Registration
Tax Clearance
Compliance Verified
Legal Business Continuation
Short Sentence Examples
The company was marked FTB Suspended due to unfiled tax returns.
An FTB Suspended status prevents the business from signing new contracts.
Resolving the FTB Suspended status requires paying overdue taxes.
Businesses listed as FTB Suspended cannot legally operate in California.
The owners quickly resolved the issues causing their FTB Suspended status.
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