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Californians approved 40 local tax increases (and bonds that increase taxes) and rejected 16 in the June 7 elections, according
Governor Gavin Newsom signed a $308 billion state budget and several budget trailer bills this week, and the Legislature began its month-long summer recess.
The Senate Governance and Finance Committee voted unanimously June 29 to approve AB 1951 (Grayson), a bill co-sponsored by CalTax and the California Manufacturers and Technology Association (CMTA) to provide a full sales and use tax exemption for manufacturing and research-and-development equipment purchases up to $200 million.
When startup businesses open near state lines, they will weigh the costs of taxes and opt for the state with
David R. Doerr, recognized as California’s foremost tax policy expert for more than five decades, passed away June 15 at
