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California Sets Rounding Rules for Retailers Post-Penny Phaseout

California Gov. Gavin Newsom (D) signed Wednesday legislation establishing statewide rules for retailers to round cash transactions to the nearest nickel as businesses adjust to the penny phaseout.

Coverage (1)· Oct 1, 1:10 AM

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Bloomberg Tax News· Oct 1, 1:10 AMCalifornia Sets Rounding Rules for Retailers Post-Penny Phaseout

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