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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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    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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    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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    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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    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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    CalTaxletter No. 10:
    March 10, 2023

    • Legislature: Lawmakers Propose Abolishing the State Board of Equalization
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    • Franchise Tax Board: Senators Criticize FTB’s Handling of Political Reform Act Audits
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    CalTaxletter No. 9:
    March 3, 2023

    • State Budget: Senate Democrats Suggest Tax Hikes May Be on the Horizon
    • State Budget: Subcommittee Approves Handful of New Positions for OTA and CDTFA, New Print Systems for FTB