Lassen Volcanic National Park

2021 CalTaxletter No. 19

    • State Budget: Legislative Analyst Says Governor’s Definition of “Surplus” Includes $38 Billion in Required Spending
      Legislative Update: Business Tax Legislation Advances to Assembly Floor, Amnesty Measure Held in Committee
  • Red Hill in Sonoma

    2021 CalTaxletter No. 18

    • State Budget: Newsom’s Revised Budget Includes $65.6 Billion Spending Increase, No New Taxes
      Legislative Update: Business Tax Measure and Others Put on Suspense in Appropriations Committees
  • San Jose State University Tower Hall

    2021 CalTaxletter No. 15

    • Assembly Revenue and Taxation Committee: Committee Approves AB 71, “Conforming” to GILTI and Effectively Gutting Water’s Edge
      State Budget: State Spending Limit Is “Major Issue,” Analyst Reports, Indicating Any New Tax Hikes Might Have to Be Refunded
  • Palace of Fine Arts

    2021 CalTaxletter No. 13

    • Federal COVID Relief Measure: Conformity Legislation OK Under Federal Law on Tax Cuts, Treasury Department Says
      Legislative Update: False Claims Act Provisions Added to Wealth Tax Bill
  • Pasadena City Hall

    2021 CalTaxletter No. 12

    • Legislative Update: Lawmakers Amend Corporate Tax Increase Bill, Propose Another Personal Income Tax Increase
      Federal COVID Relief Measure: State Finance Director Asks for Flexible Interpretation of Federal Law