PlaceholderFeature

CalTaxletter No. 31: September 1, 2023

The Assembly Elections Committee voted August 23 to significantly limit Californians’ ability to change the tax system, approving ACA 13 (by Assembly Member Chris Ward and Assembly Speaker Robert Rivas), which would dramatically increase the vote threshold for any statewide initiative that seeks to increase vote requirements for state or local measures.

PlaceholderFeature

CalTaxletter No. 30: August 25, 2023

The Assembly Elections Committee voted August 23 to significantly limit Californians’ ability to change the tax system, approving ACA 13 (by Assembly Member Chris Ward and Assembly Speaker Robert Rivas), which would dramatically increase the vote threshold for any statewide initiative that seeks to increase vote requirements for state or local measures.

PlaceholderFeature

CalTaxletter No. 29: August 18, 2023

The Office of Tax Appeals released 49 opinions August 1, including a “pending precedential” income/franchise tax opinion on the issue of whether a taxpayer’s apportionment percentage should reflect sales, property, and payroll amounts attributable to activities that did not generate net taxable income due to a special business deduction.

PlaceholderFeature

CalTaxletter No. 25: July 7, 2023

    • Property Tax: Property Tax Revenue Increasing As Counties’ Assessed Values Grow
    • Office of Tax Appeals: CDTFA Arbitrarily Switched Methods During Audit to Increase Tax Liability, OTA Finds
  • PlaceholderFeature

    CalTaxletter No. 24: June 30, 2023

    • State Budget: Governor Signs Budget Bill After Reaching Agreement With Democratic Leaders
    • Franchise Tax Board: Board Hears Arguments on Alternative Apportionment Petition, Defers Ruling