01 Jun

CalTaxletter No. 20: May 26, 2023

State Budget: Assembly Democrats Propose Budget With No General Tax Increases

State Budget: State “Very Unlikely” to Be Able to Afford Spending Levels Proposed by Governor, Analyst Says

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19 May

CalTaxletter No. 19: May 19, 2023

State Budget: Governor’s Revenue Estimate Might Be $11 Billion Too Optimistic, Analyst Warns

California Tax Policy: Environmental Activists Call for Tax Hike on Oil Companies and Other California Businesses

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12 May

CalTaxletter No. 18:
May 12, 2023

State Budget: Tax Increases Off the Table in Budget Negotiations, Newsom Says

Office of Tax Appeals: OTA Separates Jurisdiction Issue From Other Proposed Changes to Rules of Tax Appeals

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05 May

CalTaxletter No. 17:
May 5, 2023

State Budget: April PIT Revenue $3.8 Billion Below Budget Projection

Office of Tax Appeals: After Rehearing a Petition for Rehearing, OTA Reinstates Taxpayer’s Win in Excise Tax Dispute

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28 Apr

CalTaxletter No. 16:
April 28, 2023

State Budget: Corporate Tax Hike Proposed by Senate Leader, Quickly Nixed by Governor

Office of Tax Appeals: OTA Expected to Rule Soon on Whether it Has Jurisdiction to Determine Validity of FTB Regulations

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21 Apr

CalTaxletter No. 15:
April 21, 2023

State Budget: Revenue $4.6 Billion Below Projections for First Nine Months of Fiscal Year

Property Tax: Property Tax Revenue Increased 4 Percent Statewide in 2021-22, BOE Reports

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14 Apr

CalTaxletter No. 14:
April 14, 2023

State Budget: Lawmakers to Consider Governor’s Request for $402 Million for Complex With New CDTFA Office

Sales and Use Tax: At Cities’ Request, CDTFA Projects Winners and Losers if Local Tax Allocation Laws Were Changed

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07 Apr

CalTaxletter No. 13:
April 7, 2023

Office of Tax Appeals: OTA Releases 41 Opinions, Including Precedent on Qualified Small Business Stock

State Budget: Income Tax Withholding Running 13 Percent Below Governor’s January Projection, Analyst Reports

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31 Mar

CalTaxletter No. 12:
March 31, 2023

Special Session: Newsom Signs Fast-Tracked Legislation to Tax Oil Company Earnings

California Department of Tax and Fee Administration: Agency Publishes Amendments to Sales and Use Tax Audit Manual

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17 Mar

CalTaxletter No. 11:
March 17, 2023

CalTax Foundation: More Than $185.6 Billion a Year in Higher Taxes and Fees Under Consideration by Lawmakers

Special Session: Newsom Makes Major Change to Proposal to Tax Oil Company Earnings

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