Global tax services firm Ryan has won a lawsuit challenging the provisions of a regulation governing consultant fee arrangements, especially the limitation on contingent fee arrangements.
Ryan filed a petition for a peremptory writ of mandate challenging a portion of the regulation adopted by the California Governor’s Office of Business and Economic Development (GO-BIZ) to implement the “California Competes” tax credit program. The rule attempted to control the fees that companies can pay to professionals who assist them in securing state tax incentives under the program.
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