18 Feb Legislative Update New Wealth Tax Introduced Just Ahead of Deadline August 8, 2023 By CalTax Just ahead of the February 18 deadline for introducing bills in the 2021-22 legislative session, Assembly Member Alex Lee reintroduced ...Continue reading
18 Feb State Budget Revenue for Current Fiscal Year Beats Expectations by $16 Billion August 8, 2023 By CalTax The state collected nearly $16 billion more revenue than expected during the first seven months of the 2021-22 fiscal year, the Departm...Continue reading
11 Feb California's Competitiveness CalTax Cosponsors Sales Tax Exemption Legislation to Spur Growth in Manufacturing August 8, 2023 By CalTax Assembly Member Tim Grayson introduced legislation February 10 to eliminate the sales tax on most purchases of manufacturing equipment ...Continue reading
11 Feb Legislative Update, Legislature, State Legislature Senator Caballero Is New Tax Policy Committee Chair August 8, 2023 By CalTax Senator Anna Caballero, a Democrat who represents a district in Merced, has been named chair of the Senate Governance and Finance Commi...Continue reading
11 Feb Office of Tax Appeals February Opinions Include One Precedential Case August 8, 2023 By CalTax The Office of Tax Appeals released 30 opinions February 7, including one pending precedential opinion upholding the Franchise Tax Board...Continue reading
04 Feb Legislative Update Single-Payer Healthcare Bill Is Withdrawn Due to Opposition August 8, 2023 By CalTax The Assembly was poised to vote January 31 on AB 1400 (Kalra), a bill proposing a government-run healthcare program that would cost tax...Continue reading
04 Feb California's Competitiveness Green Tech Firm Moves HQ and R&D Center Out of California August 8, 2023 By CalTax Hyperion, a hydrogen-electric tech and transportation company, announced this week that it is relocating its headquarters from Southern...Continue reading
28 Jan California's Competitiveness Bay Area Grocery Stores Closing Due to High Costs August 8, 2023 By CalTax West Sacramento-based Raley's this week disclosed plans to close two of its Nob Hill Foods locations in the Bay Area, saying the stores...Continue reading
28 Jan Commentary Californians Can’t Afford the Largest Tax Hike in State History August 8, 2023 By CalTax By CalTax President Robert Gutierrez (This column was published January 25 in the Los Angeles Daily News, Orange County Register, Rive...Continue reading
21 Jan Legislative Update Single-Payer Healthcare Bill Advances as Deadline Looms August 8, 2023 By CalTax The Assembly Appropriations Committee voted 11-3 on January 20 to approve AB 1400 (Kalra), proposing a government-run healthcare progra...Continue reading