Tag: Net Operating Loss
State Leaders Should Use Budget Surplus to Restore Tax Incentives, Repay UI Debt
Only 18 months ago, expecting a massive pandemic-induced collapse of economic activity, California finance officials predicted a staggering $54 billion state budget deficit. The...
Business Groups Urge Restoration of Tax Credits, Net Operating Loss Deduction
The California Chamber of Commerce and a coalition of business groups are urging state legislators to restore the net operating loss deduction and business...
Legislators Urge End to Business Tax Increase: Restoration of NOL Deductions and Business Incentive...
A bipartisan group of 25 California Legislators led by Assemblymember Evan Low (D-Campbell) is urging Assembly Budget leadership to immediately end a tax increase...