Page 5 - Taxation Code News Today

Help for California's fledgling cannabis industry finally appears to be on the way.

California Assembly Bill 195 amends California Revenue and Taxation Code to eliminate the cultivation tax on harvested cannabis, harvested cannabis that enters the commercial market on or after July 1, 2022 is not subject to tax, also includes allocation of Cannabis Tax Fund

Help for California’s fledgling cannabis industry finally appears to be on the way. For years, the industry has shouldered heavy taxes – a 15% state-wide excise tax, sales and use taxes...

During this election, I have refrained from reacting to inaccurate statements regarding the operations of the assessor-recorder.

Last week, in a big way our country celebrated the remarkable date of the national calendar – Constitution of Turkmenistan and State Flag of Turkmenistan Day.

Taxable income with recognized losses. This item focuses on legislative developments in California, Illinois, and Kansas, as well as judicial decisions in Pennsylvania and New Jersey, that highlight imposed limitations on NOL usage.

This week, the Ninth Circuit takes a close look at a sizable antitrust jury award, and explains what constitutes a tax "return" for purposes of bankruptcy law.

This week, the Ninth Circuit takes a close look at a sizable antitrust jury award, and explains what constitutes a tax “return” for purposes of bankruptcy law. OPTRONIC...

Concerns over noise and a lack of affordable housing have put short-term rentals under scrutiny in Del Norte and Curry counties.

The California Legislature passed and Governor Newsom signed several new or amended employment laws covering topics ranging from non-disparagement and separation agreements, the...