Taxation
IRS Issues Guidelines to President’s Payroll Tax Deferral Order
The U.S. Department of Treasury and Internal Revenue Service (IRS) issued guidelines to President Donald Trump’s payroll tax deferral executive order the night of...
All Californians Lose If Split Roll Tax Passes
The California Chamber of Commerce and a coalition of business and taxpayer groups are leading a strong effort to defeat the split roll property...
Newest Job Killer Imposes Headcount Tax on Employers
Legislation that will discourage hiring and job growth by imposing an employee “headcount tax” on certain employers has been added to the California Chamber...
IRS, State Tax Board Extend Tax Filing Deadline as Emergency Measure
In a move intended to relieve some of the financial pressure invoked by the coronavirus, Treasury Secretary Steven Mnuchin announced the IRS has moved...
Voters Putting Brakes on New Taxes, Bonds
After several election cycles opening their wallets, Californians used the March 3 ballot to express skepticism of new tax and bond measures.
Perhaps the biggest...
Job Killer Bills Imposing Targeted Taxes Set for Hearing in Senate Committee
Two targeted tax bills identified by the California Chamber of Commerce as job killers are scheduled to be considered by the Senate Governance and...
Poll Shows Dropping Support for Split Roll, Largest Tax Hike in History
Backers of an initiative for the 2020 ballot to increase business property taxes have changed their measure twice since introducing it in 2017. The...
Coalition Raises Concerns Over Efforts to Impose Sales Tax on Services
A broad coalition that includes the California Chamber of Commerce, small businesses, and taxpayers this week announced the formation of the California Tax and...
Multiple Entities Could Gain Power to Increase Property Taxes with Just 55% Vote of Approval
Hundreds of local special districts could gain the ability to increase property taxes with just a 55% majority vote if a proposed constitutional amendment...
Effort to Make Property Tax Increases Easier to Pass Falls Short in Assembly
A proposed constitutional amendment to make it easier for local governments to increase property taxes failed to secure enough votes to pass the Assembly...
