California service tax proposal would be a tax increase

Recently proposed legislation would require sellers to collect sales and use tax on the sales price of certain services to California businesses. On Feb. 5, 2018, California Senator Robert Hertzberg introduced a bill, which if enacted, would impose sales and use tax on purchases of services by.

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The proposed tax is dedicated for defined homeless services, including housing, shelter, prevention, and mental service services. The City currently assesses a business tax on approximately 13,000 companies in the city, the majority of which is based upon a given company’s gross receipts.

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Thanks to a booming national economy and a series of tax hikes, a budget. governor's proposed budget; keep in mind, income tax collections plunged.. Using a risk-free rate of return, California's per capita unfunded public.

In California, the same piece of. commercial property owners and many elected county tax assessors. They argue that a dual.

The move is widely viewed as a hit to blue states such as New York, Connecticut and California. The bill will also increase the number of Americans who owe nothing in taxes from 44 percent today to.

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Gasoline and diesel fuel prices in California. so the cost of the tax increase will be borne by transportation companies, their customers and ultimately end users. Kathleen Pender writes the Net.

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A proposed tax on lawyers, accountants and consultants could hurt California economy. SB522 , proposed by Sen. Bob Hertzberg, would expand California’s sales and use tax to include business services such as those provided by lawyers, accountants, and consultants, according to CALmatters .

California legislators last week passed a bill to increase the excise tax on diesel fuel by 20 cents per gallon to help fund a $52 billion infrastructure plan, according to a report by Reuters.