Posts by CalTax

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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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...

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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...

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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...

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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...

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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...

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