03 Sep Local Taxes Local Tax Measures on the Recall Election Ballot in Three Counties August 8, 2023 By CalTax When they cast their ballots in the September 14 gubernatorial recall election, voters in three counties also will decid...Continue reading
27 Aug State Budget Revenue Beats Projections by $1.5 Billion in First Month of New Fiscal Year August 8, 2023 By CalTax General fund tax revenue for July, the first month of the 2021-22 fiscal year, was $1.54 billion above the $8.38 billion forecast in th...Continue reading
27 Aug California's Competitiveness Two More California Firms Move to Lower-Cost States August 8, 2023 By CalTax Two California-based companies announced this week that they are moving some or all of their operations to lower-cost states: real esta...Continue reading
27 Aug Property Tax San Francisco Reports 3.7 Percent Growth in Value of Taxable Property August 8, 2023 By CalTax San Francisco Assessor-Recorder Joaquín Torres announced July 25 that San Francisco’s assessment roll value grew to a record $328 billi...Continue reading
20 Aug Local Taxes Cities Are Experiencing Significant Tax Revenue Growth, Auditor Reports August 8, 2023 By CalTax California cities are experiencing significant tax revenue growth, the state auditor reported August 17, adding: “Because of these incr...Continue reading
13 Aug Office of Tax Appeals OTA Rejects Taxpayers’ Claim That Error Occurred Only Because of FTB’s Electronic Payment Mandate August 8, 2023 By CalTax The Office of Tax Appeals has rejected a personal income tax appeal based on an argument that a late payment occurred solely because of...Continue reading
30 Jul Property Tax Assessors Continue to Report Growth in Taxable Value of Property August 8, 2023 By CalTax Assessors in four more counties have submitted their 2021 assessment rolls, and all reported year-to-year growth in the value of taxabl...Continue reading
30 Jul Waste, Fraud, & Mismanagement Prison Industry Authority Gave $1.3 Million in Unlawful Gifts, Audit Finds August 8, 2023 By CalTax The California Prison Industry Authority (CalPIA), which provides work opportunities for inmates under the jurisdiction of the Californ...Continue reading
16 Jul Property Tax Assessors Continue to Report Growth in Taxable Value of Property August 8, 2023 By CalTax County assessors this month continued to report growth in the value of taxable property in their areas, which will translate to more pr...Continue reading
02 Jul Local Taxes Sales Tax Rates Increase in Many Parts of the State August 8, 2023 By CalTax Voter-approved sale tax rate increases took effect July 1 in many areas of the state, the California Department of Tax and Fee Administ...Continue reading