California Enacts Sweeping Tax Changes Impacting Businesses Across Sectors
SACRAMENTO – Acting Governor Eleni Kounalakis today signed the following bill:
- SB 167 by the Committee on Budget and Fiscal Review – Taxation.
California has passed significant tax legislation that will have far-reaching effects on businesses operating in the state. The new measures, set to take effect in the coming years, include both restrictions on existing tax benefits and new programs aimed at supporting specific industries.
Net Operating…
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