California Revenue and Taxation Code – Page 2

SB 104: Elective Tax and Small Business Relief Act

January 6, 2021 11:07 amJanuary 8, 2021 11:15 am

On January 5, Senators Mike McGuire and Anna Caballero introduced Senate Bill 104, which would create an “elective tax” for specified corporate entities. The bill would add and repeal California Revenue and Taxation Code (CRTC) Section 17132.9, as well as...

California’s Reenactment Rule

October 15, 2020 2:36 amOctober 16, 2020 6:08 am

California’s Constitution, in Article IV, Section 9, provides “A section of a statute may not be amended unless the section is re-enacted as amended.” What does that mean? According to the courts, the purpose of the constitutional reenactment rule, which...

Governor’s Executive Orders Impact State Tax Obligations

April 6, 2020 6:15 amApril 6, 2020 6:20 am

On March 30, 2020, Governor Gavin Newsom issued Executive Order N-40-20 which is intended to “provide relief to California small businesses.” This particular Executive Order (EO) has a number of provisions related to state tax laws which are intended to...