On March 16, 2023, California Assembly Bill 52 (AB 52) was amended to provide a manufacturing equipment tax credit. If signed into law, taxpayers would be authorized to take an
Continue Reading Will California Provide a De Facto Local Tax Exemption for the Sale or Use of Manufacturing Equipment?
In California, spring flowers may bring tax dollars as state Senate Democrats propose increasing the corporate tax rate along with other changes and the California Supreme Court agreed with the
Continue Reading More Taxes in California’s 2023-2024 Budget Plan; CA Supreme Court Declines to Review Sales Tax Case
In the third episode of GT’s state and local tax podcast – GeTtin’ SALTy – host Nikki Dobay talks to Brad Marsh, Co-chair of GT’s U.S. State and Local Tax
Continue Reading GeTtin’ SALTy Episode 3 | A Conversation About the California State Board of Equalization and ACA 11
On April 7, 2023, the Second District of the California Court of Appeal published a landmark opinion on California property tax law that expands the tax-exempt status of intangible assets
Continue Reading California Court of Appeal Landmark Opinion Expands Intangible Asset Exemption from Property Tax Assessment![shutterstock_1209468139[1]](https://www.gtlaw-legacyadvisors.com/files/2022/02/shutterstock_12094681391.jpg)
California’s youngest tax agency, the Office of Tax Appeals (OTA), may be in for some significant changes based on proposed amendments (Proposed Amendments) to Title 18, Chapter 4.1 of the
Continue Reading California Office of Tax Appeals – Significant Changes May Be on the Horizon
Senate Bill 113 (SB 113), which Gov. Newsom signed into law Feb. 9, 2022, contains important California tax law changes, including reinstatement of business tax credits and net operating loss
Continue Reading California SB 113 Eliminates Suspension on NOL Deductions, Lifts Limitation on Use of Tax Credits, and Expands Elective Pass-Through Entity Tax
As this year’s filing deadline of Feb. 15, 2022 approaches, those representing nonprofit organizations with California properties may wish to determine whether their clients are eligible for any applicable exemption,
Continue Reading California Property Tax Exemptions for Nonprofits – Annual Filings Due Feb. 15, 2022
Bradley R. Marsh and Colin W. Fraser, both shareholders in GT’s State and Local Tax (SALT) Practice, are included in an Aug. 11 Law360 Tax Authority article titled
Continue Reading Bradley Marsh and Colin Fraser Featured in Law360 Article, ‘Calif. Appeals Court Asked To Rethink Affirmation Of SF Tax Vote’
Greenberg Traurig Global Tax Practice Shareholder G. Michelle Ferreira, who is also co-managing shareholder of the firm’s San Francisco and Silicon Valley offices, is quoted in a Law360 article
Continue Reading Michelle Ferreira Quoted in Law360 article, ‘Careful Evaluation Needed Before Acceptance Of Easement Deals’
In November 2020, California voters will decide whether to fundamentally change how real property is taxed in the state. Proposition 15, if approved, would establish a “split roll” property tax
Continue Reading California Voters to Decide Whether to Increase Property Taxes on Commercial and Industrial Properties