California Water's-Edge Election

Water's-Edge Election
2023 Form 100-WE Water's-Edge Election
TAXABLE YEAR

2023

CALIFORNIA FORM

Water’s-Edge Election

100-WE

Sign Form 100-WE and attach to the back of Form 100W, or Form 100S. Keep a copy for the corporation’s records.
Corporation name	

Key California corporation number

Address (suite, room, or PMB no.)
City	

State	

ZIP code

WATER’S-EDGE ELECTION
The electing corporation, ____________________________, elects to file on a water’s-edge basis pursuant to California Revenue and
Taxation Code (R&TC) S
­ ections 25110 and 25113.
Check here if the common parent is electing on behalf of the water’s-edge group. List each corporation covered by this election
below. As the common parent of a controlled group, the corporation hereby elects for all members of the controlled group that are
includable in the water’s-edge combined report.
PERIOD:	 The election shall begin on the first day of the taxable year, (mm/dd/yyyy) •                  , for
which the election can be made and shall, except as otherwise provided by statute or herein, continue for 84 calendar
months from that date. The election shall remain in effect until terminated.
TERMINATION:	 The election may be terminated in accordance with the rules provided by R&TC Section 25113.
	

___________________________________________________________________	
Electing corporation name	
	

___________________________________________________
Signature of officer of electing corporation

______________________________________	 _______________________	____________________________________________________
	 Electing California corporation number	
Date	
Print or type name and title of signing officer

Corporations Covered by the Water’s-Edge Election
*

Key California corporation name 	

Key California corporation number

Common parent name	

FEIN (if applicable)

List of corporations covered by the election
                         Corporation name	

California corporation number

*For definition of a Key Corporation, see FTB Pub. 1061, Guidelines for Corporations Filing a Combined Report.	

Instructions
Enter the corporation name, California
corporation number, federal employer
identification number (FEIN), if applicable, and
address as listed on Form 100W or Form 100S.
Enter the name of the corporation making the
election in the space provided described as
electing corporation.
Be sure to check the box if a common parent is
electing on behalf of members of the controlled
group included in the water’s-edge combined
report. If there is no common parent election,
each electing member of the water’s-edge
group should file its own election, even if a

single return is filed on a combined basis. See
R&TC Section 25113 for more information.
List all taxpayers covered by the common
parent’s election on this page. An election
made on a group return of a self-assessed
combined reporting group shall constitute an
election by each taxpayer member included in
that group return.
Enter the beginning date of the water’s-edge
election in the space provided. This date is
generally the same as the beginning date for
the taxable year that appears on Form 100W
or Form 100S for the first taxable year of
the election. If the corporation is a member

7001233

Attach additional sheets if necessary.

of a water’s‑edge combined group that has
different fiscal-year ends, the election beginning
date is the beginning date of the taxable year
of the last member of the group to file its
return and make the election. For example, if
one member of the water’s-edge group has
a January 1, 2023, to D
­ ecember 31, 2023,
taxable year, and the second member has an
April 1, 2023, to March 31, 2024, taxable year,
the beginning date of this water’s-edge election
is April 1, 2023. See R&TC Section 25113(c)(3)
for more information.
An officer of the electing corporation must sign
and date the election.

Form 100-WE  2023