California Revenue and Taxation Code – Page 2

California’s Work Opportunity Tax Credit

February 21, 2022 6:52 amFebruary 21, 2022 6:59 am

On February 18, Senators Anna Caballero and Monique Limon introduced Senate Bill 1349 to create a work opportunity tax credit. The bill would add Sections 17053.10 and 23621.1 to the Revenue and Taxation Code. Section One of the bill would...

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...

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...