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Specifically, NOLs from 2018, 2019, and 2020 could be carried back up to five years, resulting in tax refunds from prior years. Also, for the same time period, NOLs could once again be used 100% in order to reduce a taxpayer's income to zero. [9] Prior to passage of the 2017 Act, NOLs could be carried back to the two tax years before the NOL year.
At 7.25%, California has the highest minimum statewide sales tax rate in the United States, [8] which can total up to 10.75% with local sales taxes included. [9]Sales and use taxes in California (state and local) are collected by the California Department of Tax and Fee Administration, whereas income and franchise taxes are collected by the Franchise Tax Board.
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The decision leaves in place state neutrality rules adopted by California and others but may end more than 20 years of efforts to give federal regulators sweeping oversight over the internet.
The California Consumers Legal Remedies Act ("CLRA") is the name for California Civil Code §§ 1750 et seq. [1] The CLRA declares unlawful several "methods of competition and unfair or deceptive acts or practices undertaken by any person in a transaction intended to result or which results in the sale or lease of goods or services to any consumer". [2]
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California felon Markham David Bond, who was granted ‘compassionate release’ after 26 years behind bars, sent back to prison for same crime. Richard Pollina. December 17, 2024 at 2:25 AM.
The California Delete Act (SB 362) is a state law that provides a one-stop shop deletion mechanism for consumers to direct data brokers to delete their personal information.