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Under the Bradley-Burns law, local jurisdictions can adopt a uniform local sales and use tax rate of up to 1% based on the price of property sold at retail. [1] This 1% is typically broken down as follows: [4] 0.75% goes to the city where the sale occurs (or to the county if the sale occurs in an unincorporated area)
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.
The sale of an entire inventory is not a bulk sale if it is sold to buyers in a manner that ensures adequate consideration. For example, if a merchant holds an auction sale for the entire contents of the business and the sale is in good faith, the buyer is not required to comply with bulk sales legislation. However, the buyer of a business with ...
Measure R was a ballot measure during the November 2008 elections in Los Angeles County, California, that proposed a half-cent sales taxes increase on each dollar of taxable sales (originating in or made from Los Angeles County) for thirty years in order to pay for transportation projects and improvements.
"L.A. hustles to pass new rules on street vending ahead of new state law". Los Angeles Times. 2018-10-18 "New bill passed helps street vendors". KERO. 2018-09-19; Ocampo, Josh (20 September 2018). "Selling street food is no longer a crime in California, easing fears of jail time and deportation". Mic
Los Angeles Angels extend their lease at Anaheim's Angel Stadium through 2032 February 5, 2025 at 7:11 PM FILE - Fans enter Angels Stadium before the start of a baseball game in Anaheim, Calif ...
Bulk-sale restrictions — also known as bulk-sale restraints, finished-form limitations and dosage-form limitations — are, as the term is used in United States antitrust case law, clauses in patent licenses that provide that the licensee shall make and sell the licensed product only in "finished pharmaceutical form" or "dosage form" (such as tablets, capsules and vials—the form in which ...
Experts say there are good reasons for the abundance of personal injury law firm billboards in Los Angeles, ... A full-size billboard in Los Angeles is roughly $5,000 to $10,000 per four-week ...