Posts by CalTax

30 Apr

State Board of Equalization

Local Property Tax Revenue Grew 6.5 Percent in 2019-20

• August 8, 2023
• By CalTax

There was a 6.5 percent increase in property tax revenue received by local governments in the 2019-20 fiscal year, according to the Sta...

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23 Apr

State Budget

State Spending Limit Is ‘Major Issue,’ Analyst Reports, Indicating Any New Tax Hikes Might Have to Be Refunded

• August 8, 2023
• By CalTax

California’s voter-approved state spending limit – which requires the state to return money to taxpayers and dedicate more money to sch...

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16 Apr

Blast from the Past

Economic Growth Turns State Deficit Into Surplus

• August 8, 2023
• By CalTax

“A brighter economic picture has turned an expected $1.5 billion deficit into a projected $200 million surplus. Republican Gov. George ...

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09 Apr

California's Competitiveness

Johnson & Johnson Moving Jobs Out of California

• August 8, 2023
• By CalTax

Johnson & Johnson is permanently closing a South San Francisco facility that houses several divisions and is relocating 73 jobs out...

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09 Apr

Assembly Revenue and Taxation Committee

CalTax-Sponsored Tax Amnesty Bill Advances With Unanimous Support

• August 8, 2023
• By CalTax

The Assembly Revenue and Taxation Committee voted 10-0 on April 5 to approve AB 879 (Blanca Rubio), the CalTax-sponsored California Tax...

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26 Mar

Legislative Update

Another Income Tax Increase Is Proposed

• August 8, 2023
• By CalTax

A group of lawmakers this week proposed a union-backed personal income tax increase on California’s highest earners, with a top rate as...

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26 Mar

Local Taxes

State Commission Fines School District $18,000 for Using Tax Dollars for Campaign

• August 8, 2023
• By CalTax

The Fair Political Practices Commission (FPPC) voted March 18 to approve a stipulated settlement fining the city of Fountain Valley $18...

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22 Mar

Uncategorized

Homepage Signup Forms

• August 8, 2023
• By CalTax

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19 Mar

Legislative Update

Lawmakers Propose Wealth Tax and PIT Increase

• August 8, 2023
• By CalTax

State lawmakers proposed two major tax increases this week: a wealth tax targeting Californians with a net worth above $50 million and ...

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19 Mar

Local Taxes

Sales Tax Increases Take Effect April 1 in Many Areas of the State

• August 8, 2023
• By CalTax

Voter-approved sale tax rate increases will take effect April 1 in many areas of the state, the California Department of Tax and Fee Ad...

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