A friend of mine started a california corporation several years ago. In the first three years of operation, he never made any money and he didn't officially nullify the corporation until the end of the third year. The state sent him a bill for $2400 for corporate taxes for all three years combined. He never acted on that and it has been almost two years since the date of that bill. What are the ramifications if he just ignores that bill and never pays it? Is there interest accruing on that?|||i believe that CA holds the organizers, directors, and/or officers of a corporation liable for failing to file the minimal annual business reports that are required. they'll likely chase him, at the usual pace of a bureaucracy, until he makes it right.

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