Dept. of Tax and Fee Administration Announces Emergency Tax Relief Measures Following Storms

January 18, 2023 12:21 pmJanuary 18, 2023 12:22 pm

The California Department of Tax and Fee Administration (CDTFA) announced on Wednesday that business owners and tax payers who have been impacted by the recent California storms will be eligible for emergency state tax relief from late payment interest and...

Gov. Newsom Proposes Penalties for Oil Company ‘Price Gouging’ But Ignores State’s Highest Gas Taxes

December 5, 2022 4:36 pmDecember 7, 2022 6:30 am

Californians are paying the highest gas prices in the entire nation, with the current price nearly $6 a gallon in many locations, according to AAA. Gov. Gavin Newsom claims this is because of greedy oil companies and “price gouging.” Consequently,...

AB 1951 – Full Exemption for Manufacturing Equipment Purchases

August 28, 2022 4:14 pmAugust 28, 2022 4:17 pm

Assembly Bill 1951 is off to the Governor’s Desk for final action prior to the September 30 deadline for Governor Newsom to act on measures. The bill is jointly authored by Assembly Members Grayson, Cooley, Cooper, Daly, Gipson, Petrie-Norris, Quirk-Silva,...

Manufacturing Equipment Tax Exemption Legislation Introduced

February 21, 2022 3:22 pmFebruary 21, 2022 3:28 pm

On February 10, Assembly Bill 1951 was introduced jointly by Assembly Members Tim Grayson, Ken Cooley, Jim Cooper, Tom Daly, Mike Gipson, Cottie Petrie-Norris, Sharon Quirk-Silva, James Ramos, Rudy Salas, Carlos Villapudua, and Jim Wood to improve the existing sales/use...

California’s Highest-in-the-Nation Gas and Diesel Taxes

January 24, 2022 8:36 am

California has the nation’s highest prices for gasoline and diesel fuels, coming in as high as $5.57 per gallon of gas, according to AAA. The cost of a tank of gas for a Jeep Grand Cherokee with a 24.6 gallon...

Leg Analyst Projects California Will Have $31 Billion Budget Surplus Next Year

November 18, 2021 11:43 amNovember 18, 2021 11:43 am

According to the 2022-2023 California state budget Fiscal Outlook report compiled by the Legislative Analyst’s Office (LAO) on Wednesday, California will have a $31 billion surplus next year. This marks the second budget year in a row where a large...

Drafting Tax Statutes in California

October 21, 2021 6:48 amOctober 21, 2021 6:58 am

Like other particular areas of the law, drafting tax statutes can be a difficult task for any bill drafter. There are several issues that need to be addressed and that bill drafters should understand before undertaking the drafting of tax...