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Tax

May 30, 2013

Lawyers need to know Proposition 13

Although Prop. 13 was simple when passed, it has gradually become encrusted with many special rules and exemptions.

Robert W. Wood

Managing Partner
Wood LLP

333 Sacramento St
San Francisco , California 94111-3601

Phone: (415) 834-0113

Fax: (415) 789-4540

Email: wood@WoodLLP.com

Univ of Chicago Law School

Wood is a tax lawyer at Wood LLP, and often advises lawyers and litigants about tax issues.

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By Robert W. Wood


California has led the way in many things - some good, some less so. In the tax world, California led the way with unitary taxation for companies operating in multiple states or countries that benefit from California's assets and employees. California also pioneered new ways of collecting state income taxes from people who leave the Golden State for less taxing climes.


And California pioneered the constitutional limit on property ...

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