TITLE

California's Just-Adopted Budget Agreement Includes Signifi cant Tax Law Changes

AUTHOR(S)
Micheli, Chris
PUB. DATE
March 2009
SOURCE
Journal of State Taxation;Mar2009, Vol. 27 Issue 3, p23
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Chris Micheli describes sweeping changes to California's tax laws, which include a new homebuyer tax credit, an increase in the sales and use tax rate, an increase in vehicle license fees, a decrease in the dependant credit and an increase in personal income tax brackets. The new laws also provide for a single sales factor apportionment option, a film/TV production credit and a small business hiring tax credit.
ACCESSION #
43255427

 

Related Articles

  • Clinton's threat to veto budget buys time for 30A. Garza, Daniel R. // Caribbean Business;9/2/1999, Vol. 27 Issue 34, p13 

    Reports on the possible extension of the Section 30A of the Internal Revenue Code as part of a package of tax breaks benefiting Puerto Rico manufacturers. Governor Pedro Rosello's press of the tax breaks; Possible granting the island eligibility for research and development tax credits and full...

  • Proposal would give taxpayers a break. Bonura, Chris; McCulley, Russell; Russell, Judi; Stuart, Stephen; Volz, Matthew // New Orleans CityBusiness (1994 to 2008);04/05/99, Vol. 19 Issue 40, p8 

    Reports on the introduction of a legislation that would grant individual taxpayers more time to file for a tax credit or refund in Louisiana.

  • Environmentally correct tax credits. Coorsh, Richard; Blake, Kevin // Consumers' Research Magazine;Mar1998, Vol. 81 Issue 3, p6 

    Presents information on tax credits proposed by United States President Bill Clinton and Vice President Al Gore. Beneficiaries of the proposed tax credits; Functions of the credits; Provisions of the credits.

  • Recent Action in the Congress.  // Congressional Digest;Jan1984, Vol. 63 Issue 1, p6 

    Focuses on the proposed bills and legislation pertaining to tuition tax credits in the U.S. Controversies over the provision of a tax credit for undergraduate postsecondary education expenses; Rejection of the proposed tax credit for elementary and secondary school payments; Benefits of...

  • Analysis of the Economic Growth and Tax Relief Reconciliation Act of 2001. Bunn, Radie; Whittenburg, G. E.; Venable, Carol F. // National Public Accountant;Oct2001, Vol. 46 Issue 8, p8 

    Discusses the tax provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 that will be phased in starting 2001 through 2010 in the U.S.. Tax rate cuts of the law; Refundability of its child tax credit; Expansion of the adoption tax credit; Tax planning ideas that taxpayers...

  • Tax cuts. Lacayo, Richard; Lamm, Marcy // Time;1/8/1996, Vol. 147 Issue 2, p30 

    Evaluates the tax cuts proposed by the Republicans and by President Bill Clinton. The question of who will get the breaks; Capital gains; Family tax credits; Inheritance; Expansion of individual retirement accounts (IRA); Tax breaks for favored industries; Earned income-tax credit.

  • Kid tax credit only in timeout. Rice, Anne Cumming // Northern Colorado Business Report;12/3/2010, Vol. 16 Issue 5, p9 

    The article reports on the forecast regarding the delay of the implementation of the Colorado Child Care Contribution Credit tax credit for donations in nonprofit organizations in Colorado.

  • New R&D tax credit draft legislation released.  // Australian Life Scientist;12/21/2009, p1 

    Submissions open before legislation introduced to parliament in 2010.

  • Tax law aids college savings; easier plan switches seen. Wipperfurth, Heike // Crain's New York Business;06/18/2001, Vol. 17 Issue 25, p12 

    Highlights a tax law signed United States President George W. Bush which will enable parents to withdraw principal and earnings from college savings plan without paying taxes and enable them to maximize the funds' earnings. Impact of such law on New York state's College Savings Program; Program...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics