At the February meeting, the CBA, in recognition of the unintended consequences of its practice privilege implementation, took several actions designed to provide relief to out-of-state CPAs who have experienced difficulty complying with California's
fair-minded and nonpartisan Legislative Analyst's Office questioned the constant whining.
reputation does not rest on this treasure of trees alone.
According to SB 614/AB 1601, Section 15(a), California's
adoption of Sec.
and America's political elites--Democrat and Republican--laughed when the movement to recall Governor Gray Davis, a Democrat, was launched a few months ago.
Because California has no counterpart to section 936(h), an excluded 936 possessions corporation that used the federal profit split on its federal return has audit exposure for California state tax purposes under California's
version of section 482 of the Internal Revenue Code.
This was California's
great invention, and it explained both the suddenness with which it triumphed and the equal abruptness with which, intellectually at least, it declined.
The report also noted that provincial congressional politics have hurt California's
He is also an Adjunct Professor at McGeorge School of Law and is a faculty member at the University of California's
Center for State and Local Taxation Summer Institute.
The Buy California Marketing Agreement is a joint effort of agricultural industry groups representing the products of California's
farms, ranches, forests and fisheries.
One example, which applies to both the Internal Revenue Code and California's
Revenue and Taxation Code, is personal charity.
acquired PBOC Holdings, People's Bank of California's
parent, for an undisclosed amount.
The California Independent System Operator Corporation (California ISO) has entered a new era of transmission planning with a comprehensive plan that examines what California's
power grid will need one to three years from now to ease bottlenecks and enhance reliability and what will be needed in five to 15 years to keep up with the expected growth in energy supply and demand.
According to the California Chamber of Commerce, California's
corporate tax burden is almost 40 percent above the national average; electricity costs are nearly double the national average--and are the highest in the contiguous United States; and California's
overall business costs are 32 percent above the national average.
While many have worried about the economic impact of the state's energy crisis, Jack Kyser, the LAEDC's chief economist, took the economic survey as a good indication of California's
growing economic power.