Kimco Loses California Bid to Pair REIT Dividend Tax BenefitsKimco Realty Corp., a real estate investment trust specializing in shopping centers, can’t use the same intercompany dividends both to reduce its taxable income in California and support a federal tax deduction, a state tax tribunal ruled in an opinion posted Monday.Bloomberg Tax News4d agoWhole story →Economycalifornia tax ruling
California Court Backs County Tax to Offset Federal Funding CutsSanta Clara County properly held a special election to get voter approval of a sales tax increase to address budget shortfalls created by federal cuts to Medicaid and SNAP benefits, a state court ruled.Bloomberg Tax News15d agoWhole story →FoodHealthcalifornia tax ruling