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Change of Ownership: The Long-Term Lease Exception to California Property Tax Reassessments | Faegre Drinker Biddle & Reath LLP - Vimarsana News

Change of Ownership: The Long-Term Lease Exception to California Property Tax Reassessments | Faegre Drinker Biddle & Reath LLP

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...

Ventura cannabis company ordered to pay $75k for operating without a license, failure to pay taxes - Vimarsana News

Ventura cannabis company ordered to pay $75k for operating without a license, failure to pay taxes

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.

Source: keyt.com
New California Laws for 2022: What Employers Should Know | Faegre Drinker Biddle & Reath LLP - Vimarsana News

New California Laws for 2022: What Employers Should Know | Faegre Drinker Biddle & Reath LLP

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...

California Clarifies Property Tax Exclusion for Solar Projects in Partnership Flips | Troutman Pepper - Vimarsana News

California Clarifies Property Tax Exclusion for Solar Projects in Partnership Flips | Troutman Pepper

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...

OPINION: California hurt when wildfire efforts are undermined by federal action - Vimarsana News

OPINION: California hurt when wildfire efforts are undermined by federal action

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 jeopardized by poor policies at the Federal level of government, and this is especially true for th...