Tag: Corporate Tax

CalTax Files Suit Challenging State’s Retroactive Tax Increase

The California Taxpayers Association (CalTax) filed suit last month to challenge a retroactive tax increase, claiming it infringes on the rights of businesses operating...

Newest Job Killers Target Grocery Workers, Tax Rates

Bills expanding lawsuit conditions for grocery workers and increasing tax rates for successful California businesses have been added to the California Chamber of Commerce...

Federal Inflation Reduction Bill: Review of Impact on California

Given its size and economic diversity, California will both enjoy and suffer some major effects of the Inflation Reduction Act — approved Saturday by...

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...

Federal Tax Reform Means More Business Taxes for California

California’s corporate tax base may increase by up to 12% as a result of federal tax reform legislation, according to a study recently released...

GOP Senators Offer Variations on House Tax Code Rewrite

Republicans in the U.S. Senate last week released a plan for overhauling the federal tax code that differs on a number of key provisions...

GOP Lawmakers Release U.S. Tax Code Revamp

Republicans in the U.S. House of Representatives this week released their plan for rewriting the federal tax code. Depending on one’s business or personal situation,...