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Posts by CalTax

California State Capitol 1
08 Jul
Local Tax Elections

Voters Approved 40 Local Tax Increases, Final Results Show

  • August 8, 2023
  • By author-avatar CalTax
Californians approved 40 local tax increases (and bonds that increase taxes) and rejected 16 in the June 7 elections, according to the ...

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State Capitol Sacramento slider
01 Jul
State Budget

Governor Signs Budget Bills, Legislature Begins Recess

  • August 8, 2023
  • By author-avatar CalTax

Governor Gavin Newsom signed a $308 billion state budget and several budget trailer bills this week, and the Legislature began its month-long summer recess.

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stock manufacturing
01 Jul
Senate Governance and Finance Committee

Sales Tax Exemption for Manufacturing Equipment Wins Unanimous Approval

  • August 8, 2023
  • By author-avatar CalTax

The Senate Governance and Finance Committee voted unanimously June 29 to approve AB 1951 (Grayson), a bill co-sponsored by CalTax and the California Manufacturers and Technology Association (CMTA) to provide a full sales and use tax exemption for manufacturing and research-and-development equipment purchases up to $200 million.

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increasing rolls
01 Jul
Assessors

Santa Clara County Assessment Roll Increases 7.46 Percent, Sacramento County Up 8 Percent

  • August 8, 2023
  • By author-avatar CalTax

The assessed value of property in Santa Clara County increased 7.46 percent this year and reached a record-high $619.9 billion, Santa Clara County Assessor Larry Stone reported this morning.

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propertytaxes
24 Jun
Miscellaneous

Startups Near State Lines Opt for Side With Lower Taxes, Study Finds

  • August 8, 2023
  • By author-avatar CalTax
When startup businesses open near state lines, they will weigh the costs of taxes and opt for the state with lower sales and property t...

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FarmerJohn
17 Jun
California's Competitiveness

Largest Employer in Vernon Leaving California Due to High Costs

  • August 8, 2023
  • By author-avatar CalTax
The Farmer John plant, which is the largest employer in the city of Vernon, is set to close next year, KABC News reported June 10. Acc...

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DaveDoerrSlider
17 Jun
In Memory

In Memory: David R. Doerr, California’s Foremost Tax Expert

  • August 8, 2023
  • By author-avatar CalTax
David R. Doerr, recognized as California’s foremost tax policy expert for more than five decades, passed away June 15 at his home in Ca...

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elections
10 Jun
Election Results, Local Tax Elections

Voters Approve 36 Local Tax Increases, With Six Too Close to Call

  • August 8, 2023
  • By author-avatar CalTax
Californians approved 36 local tax increases and rejected 14 in June 7 elections, according to preliminary results, and another six rem...

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houses
27 May
Public Opinion Poll

Proposition 13 Good for California, 64 Percent of Likely Voters Say

  • September 1, 2023
  • By author-avatar CalTax
Proposition 13 continues to be overwhelmingly popular, with 64 percent of likely voters agreeing that the 1978 property tax reform meas...

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stock manufacturing
20 May
Legislative Update

SUT Exemption for Manufacturing and R&D Equipment Advances

  • August 8, 2023
  • By author-avatar CalTax
Legislation to fully exempt California manufacturing and research-and-development equipment from sales and use tax was approved May 19 ...

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