Posts by CalTax

15 Oct

Initiative Update

Taxpayer Protection Act and Split-Rate Property Tax Hike Are Among Latest Initiatives Filed

• August 8, 2023
• By CalTax

The California Business Roundtable filed an initiative October 1 called the Taxpayer Protection Act – a proposal that would increase vo...

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15 Oct

Miscellaneous

More Than Half of Bay Area Residents Plan to Leave – and Taxes Are a Major Factor

• August 8, 2023
• By CalTax

More than half of the residents of the San Francisco Bay Area are considering moving out of the area permanently, and taxes are a major...

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01 Oct

Local Taxes

Fourteen Local Tax Measures Going Before Voters in November

• August 8, 2023
• By CalTax

Voters in 10 counties will decide the fate of 14 local tax measures November 2. If all of the measures are approved, it would represent...

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01 Oct

State Budget

Income Tax Withholding Collections in September Up 22.5 Percent From 2020

• August 8, 2023
• By CalTax

California’s revenue outlook continues to be very positive, the Legislative Analyst’s Office (LAO) reported, as personal income tax wit...

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24 Sep

Initiative Update

New Measures Propose Business Property Tax and Income Tax Increases

• August 8, 2023
• By CalTax

Two newly filed initiatives seek major tax increases – a property tax increase targeted at business property and an income tax increase...

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24 Sep

California's Competitiveness

Major Culinary Event Moves From California to Nevada

• August 8, 2023
• By CalTax

The Specialty Food Association, which hosts an annual winter food show, announced this week that it is moving its three-day 2022 event ...

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24 Sep

State Budget

Revenue Windfall Continues, Could Reach $25 Billion

• August 8, 2023
• By CalTax

The state’s tax revenue windfall could reach $25 billion by the end of the current fiscal year, the Legislative Analyst’s Office stated...

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24 Sep

Local Taxes

Voters Approve Two Local Tax Increases in September 14 Elections

• August 8, 2023
• By CalTax

Voters in three counties approved two local tax measures – representing an estimated $4.9 million per year in new taxes – in elections ...

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10 Sep

Office of Tax Appeals

OTA Denies Refund for Business That Relied on Inaccurate Information Posted on Tax Agency’s Website

• August 8, 2023
• By CalTax

The Office of Tax Appeals posted 21 opinions September 7, including a pending precedential decision in which the OTA denied a refund fo...

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03 Sep

CalTax Foundation

Californians Pay $8.8 Billion Per Year in Local Tax Increases Approved in Past Decade

• August 8, 2023
• By CalTax

Voters approved 1,359 of the 1,956 local tax measures on the ballot in California from 2010 to 2020, representing a cumulative tax incr...

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