California Sets Rounding Rules for Retailers Post-Penny PhaseoutCalifornia 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.Bloomberg Tax News5d agoWhole story →CommerceEconomyGavin NewsomHR 10167california common cents act signing
California Cracks Down on Montana-Plated Vehicles as Tax DodgeCalifornia revenue officials will gain new authority to pursue residents behind the shell companies used to dodge sales taxes and fees on cars, trucks, boats, and aircraft under legislation signed Wednesday by Gov. Gavin Newsom (D).Bloomberg Tax News5d agoWhole story →CommerceEconomyGavin Newsomcalifornia tax loophole closure
New California Law Caps Consultant Pay in Local Sales Tax DealsConsultants who help California local governments negotiate sales tax-sharing agreements will face new limits on how much and how long they can be paid under legislation signed Wednesday by Gov. Gavin Newsom (D).Bloomberg Tax News5d agoWhole story →EconomyGavin Newsomcalifornia tax law signed
California Expands Property Tax Exemption for Disabled VeteransCalifornia will expand a property tax exemption for disabled veterans under legislation signed Monday by Gov. Gavin Newsom (D).Bloomberg Tax News7d agoWhole story →SecurityEconomyGavin Newsomcalifornia veterans bill signing
California Adds New Oversight of Individual, Business Tax BreaksSome of California’s largest personal income and corporate tax incentives will be subject to independent reviews under legislation Gov. Gavin Newsom (D) signed Sunday.Bloomberg Tax News14d agoWhole story →EconomyGavin Newsomcalifornia tax incentive reform
Newsom Signs Bills Expanding California Film and TV Tax CreditsCalifornia Gov. Gavin Newsom (D) signed two measures Saturday expanding tax incentives for the state’s entertainment industry, including one for post-production work.Bloomberg Tax News16d agoWhole story →CultureEconomyGavin Newsomcalifornia film tax credits expansion
