Page 6 - Taxation Code News Today

As many commercial and retail operators know, a transfer in California property interests may lead to a sizable increase in a taxpayer’s property tax liability. Specifically, while...

A Ventura company was ordered to pay $75,000 in civil penalties and restitution to the Ventura County District Attorney's Office and the California Department of Tax and Fee Administration as part of a civil settlement on Tuesday.

In 2021, California Gov. Gavin Newsom signed several laws impacting California employers. The new laws — some of which recently became effective and others were signed into law just...

On September 30, California Governor Gavin Newsom signed Senate Bill 267 (Bill) into law, preserving the property tax break (the solar exclusion) for partnership flips that own solar...

Submitted by Mark Hofer As the drought began to set in, Governor Newsom, anticipating another season of more than usual wildfires, approved $536 million in spending on prevention. Relatively speaking, California has seemingly been more proactive lately in searching for fire policy reforms. Over thirty of the proposed bills in the California Legislature 2021-2022 Session pertain to wildfires and fire protection related issues. But an unfortunate truth is that much of this wildfire preparation is...

Assessment Appeals Board Membe Executive Office of the Board of Supervisors Assessment Appeals Board Member Assessment Appeals Board Member 18013264

  SOUTH LAKE TAHOE, Calif. — El Dorado County could lose millions in sales tax revenue if a major online retailer gets its way, county Auditor-Controller Joe Harn warned the Board of Supervisors this week. One of the world’s largest online retailers (Harn is prohibited from naming the retailer or reporting more precise revenue estimates per California Revenue and Taxation Code 7056) “has changed the way it reports sales tax transactions to the California Department of Tax and Fee Adminis...

Hotel owners, operators, and other hospitality entities should start preparing for property tax appeals challenging assessments that likely are, and will continue to be, too high. Challenges to hotel and lodging properties’ assessed values are critical for 2021.

To print this article, all you need is to be registered or login on Mondaq.com. On March 1, 2021, the City Council of Pomona, California, passed an ordinance that establishes premium pay for retail food workers during the COVID-19 pandemic. Pomona is an incorporated city located in Los Angeles County and is not subject to the countys hero pay ordinance. The new Pomona ordinance requires large retail establishments to provide their workers with premium pay of $4.00 for ea...

Beginning on or after Jan. 1, 2022, and before Jan. 1, 2027, a qualified taxpayer that employs a homeless person during the taxable year could receive a tax credit of up to $30,000 per taxable year, depending on the amount of hours worked by the homeless person.