Taxpayers moving or doing business in California should be aware of new laws that can cause significant state and local tax burdens. GHJ Principal Frances Ellington discusses recent tax changes and their state and local tax implications in Thomson Reuters’ Journal of Multistate Taxation and Incentives. Ellington highlights the nuances of California tax laws and provides examples of the most prevalent taxes, including:
- Individual and corporate income tax
- LLC gross receipts fee
- Nonresident withholding
- Payroll tax
- Sales tax
- Property tax
Read full article here.
