By Olga Goldberg and Marc Simonetti

The California Superior Court struck down a regulation that imposed a de facto ban on contingent fee arrangements between businesses and consultants applying for the California Competes tax credit. The Court ruled that the regulation improperly exceeded the scope of the related statute. Ryan U.S. Tax Services, LLC v. State of California, Superior Court, Sacramento County (California), No. 34-2014-00167988 (Jan. 7, 2016).