Posts by CalTax

20 May

Legislative Update

SUT Exemption for Manufacturing and R&D Equipment Advances

• August 8, 2023
• By 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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20 May

Miscellaneous

Nevada Inventor Hyatt Sues for Refund of $11 Million in California Income Tax

• August 8, 2023
• By CalTax

Inventor Gilbert Hyatt recently filed suit in Sacramento County Superior Court seeking a refund of $11.37 million in taxes, penalties...

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13 May

State Budget

Newsom’s Revised Budget Has Tax Incentives to Lure Business From Targeted States

• August 8, 2023
• By CalTax

Governor Gavin Newsom this morning proposed a $300.7 billion revised state budget for 2022-23 and pegged the state’s operating surplus ...

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13 May

Waste, Fraud, & Mismanagement

Medi-Cal Paid $17.6 Million in Fraudulent Charges to Nonprofit

• August 8, 2023
• By CalTax

The state’s Medi-Cal system paid $17.6 million to a Long Beach nonprofit that fraudulently obtained the money by submitting phony claim...

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06 May

Office of Tax Appeals

’Precedent’ Applied Retroactively to Negate Taxpayer’s Successful Appeal

• August 8, 2023
• By CalTax

The Office of Tax Appeals posted 36 opinions on its website for May, including a ruling that reversed a taxpayer’s partial win based on...

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06 May

Gasoline Tax

State Gas Tax Set to Increase to 53.9 Cents Per Gallon in July

• August 8, 2023
• By CalTax

On July 1, California’s excise tax on gasoline will increase from 51.1 cents per gallon to 53.9 cents per gallon, and the tax on diesel...

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06 May

Assembly Revenue and Taxation Committee

Sales Tax Exemption for Manufacturing Equipment Advances

• August 8, 2023
• By CalTax

Legislation to fully exempt most California manufacturing and research-and-development equipment from sales tax was unanimously approve...

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29 Apr

Assembly Revenue and Taxation Committee

Sales Tax Exemption for Manufacturing Equipment Scheduled for May 5 Vote

• August 8, 2023
• By CalTax

Legislation to promote job growth by fully exempting most California manufacturing and research-and-development equipment from sales ta...

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29 Apr

California's Competitiveness

Orange County Manufacturing Company Moves Headquarters and Jobs to Tennessee

• August 8, 2023
• By CalTax

Kaiser Aluminum, a 76-year-old manufacturing company that had been based in Orange County, this month moved its headquarters and 70 exe...

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22 Apr

Waste, Fraud, & Mismanagement

San Francisco Spent $250,000 on Database That Hasn’t Been Used

• August 8, 2023
• By CalTax

San Francisco spent $250,000 to develop a database intended to track the performance of contractors on city construction projects, but ...

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