Posts by CalTax

02 Dec

Waste, Fraud, & Mismanagement

Golden Gate Bridge Addition Is $255 Million Over Budget, Five Years Behind Schedule

• August 8, 2023
• By CalTax

A $145 million project to add a suicide-preventing net to the Golden Gate Bridge is running five years late and the cost is now expecte...

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02 Dec

California Gas Prices

High Gas Prices Caused by Supply Problems and Taxes, Not Corporate Manipulation, Energy Commission Hearing Shows

• August 8, 2023
• By CalTax

California’s gas prices are higher than those in other states due to supply-and-demand issues – including government actions that limit...

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02 Dec

Courts

Court Refuses to Dismiss Suit Over FTB’s Taxation of Out-of-State Merchants Based on E-Mails With California Customers

• August 8, 2023
• By CalTax

The American Catalog Mailers Association’s (ACMA) suit challenging the Franchise Tax Board’s use of a technical advice memorandum (TAM)...

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18 Nov

State Budget

State Could Face $25 Billion Deficit, Analyst Warns

• August 8, 2023
• By CalTax

California could face a $25 billion operating deficit in the 2023-24 fiscal year if current spending levels remain unchanged, according...

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18 Nov

Office of Tax Appeals

Texas Company’s Appeal Is Going, Going, Gone!

• August 8, 2023
• By CalTax

The Appeal of LBD Corporation involved a small, closely held corporation located in Texas that sold corporate assets in California via a California-based auction house.

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04 Nov

Waste, Fraud, & Mismanagement

Sacramento City Manager Will Make $182,000 More Than Governor

• August 8, 2023
• By CalTax

The Sacramento City Council voted 8-1 this week to increase City Manager Howard Chan’s base salary from $372,700 to $400,652 – a 7.5 pe...

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04 Nov

Franchise Tax Board

Taxpayers’ Bill of Rights Hearing Will Be Held December 8

• August 8, 2023
• By CalTax

The Franchise Tax Board’s annual Taxpayers’ Bill of Rights hearing will be held December 8 in a meeting that will include in-person and virtual participation.

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28 Oct

California's Competitiveness

California Has Third-Worst Business Tax Climate in the United States, Foundation Finds

• August 8, 2023
• By CalTax

The Golden State maintained its longstanding position of having a business tax climate that is worse than 47 other states, but better t...

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21 Oct

Waste, Fraud, & Mismanagement

State Spending $1.7 Million for One Toilet in San Francisco

• August 8, 2023
• By CalTax

A press conference to announce a “state budget win” for construction of a public restroom in San Francisco was abruptly canceled Octobe...

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21 Oct

Miscellaneous

High-Earning Residents Leaving Bay Area, Census Finds

• August 8, 2023
• By CalTax

High-earning San Franciscans have been leaving the city since the beginning of the pandemic, according to census data. The data shows ...

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