SPLIT ROLL PROPERTY TAX BILL HEARING POSTPONED
AB 448 (Ammiano; D-San Francisco), the Legislature’s latest attempt at creating a split roll property tax in California, has been rescheduled to be heard in the Assembly Revenue and Taxation Committee...
View ArticleINDUSTRY URGES DEBT NEGOTIATORS TO DROP CARRIED INTEREST TAX HIKE
A large coalition of national real estate groups, (including ICSC, BOMA, NAIOP, CCIM among others), are strongly urging Congress and White House negotiators to drop the notion of using the Carried...
View ArticleL.A. MAYOR CHALLENGES GOVERNOR TO DISMANTLE PROP 13 – BROWN SAYS NO THANKS
Governor Jerry Brown on Wednesday turned down a challenge from the mayor of Los Angeles to significantly change Proposition 13, saying he would prefer to focus his attention on bringing financial...
View ArticleSALES TAX COLLECTION BECOMING A REALITY
After 48 hours and endless negotiations, an apparent agreement has been reached that will allow California to finally have the sales tax collected by Amazon. The measure would have the collection begin...
View ArticleAB 155 SALES TAX FAIRNESS DEAL SIGNED BY GOVERNOR
After a decade of work trying to resolve the issue of online sales tax collection, Governor Brown has signed AB 155 (Calderon; D-Whittier), which will pave the way for a nationwide solution by giving...
View ArticlePROPOSITION 13 STILL ENJOYS STRONG SUPPORT
Proposition 13, which California voters approved in 1978, remains solidly popular in California, despite continuous attacks from special interest groups that want to change the landmark tax-payer...
View ArticleSPLIT ROLL PROPERTY TAX MEASURE SUBMITTED TO AG
In December, the process to put a measure on the ballot that would eliminate Proposition 13 protections for commercial real estate and create a split roll property tax in California was submitted to...
View ArticleSPLIT ROLL LEGISLATIVE MEASURE SET IN ASSEMBLY TAX COMMITTEE
At the same time, proponents of a split roll continue to use every avenue at their disposal to try to change Proposition 13 protections afforded by voters to all property owners in the state. AB 448...
View ArticleNFIB AND JARVIS ASK BUSINESSES TO OPPOSE NEW TAXES
In an effort to push back on the Governor’s courting of business groups, the National Federation of Independent Businesses (NFIB) and the Howard Jarvis Taxpayers Association (HJTA) have released an...
View ArticleCA EMPLOYERS PAYING HIGHER UNEMPLOYMENT TAXES
The CalChamber reports that since January 1, California employers have been paying higher taxes because the state has not repaid money it borrowed from the federal government to pay unemployment...
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