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 News7d agoWhole story →EconomyCommerceGavin 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 News7d agoWhole story →EconomyCommerceGavin 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 News7d agoWhole story →EconomyGavin Newsomcalifornia tax law signed