New Laws
Jan. 6, 2015
Taxation
Taxation
* AB 777 (Muratsuchi) Exempts from property tax qualified property, as defined, for use in space flight. An act to add and repeal Section 242 of the Revenue and Taxation Code, relating to taxation, to take effect immediately, tax levy.
* AB 877 (Bocanegra) Disallows a deduction for any fine or penalty paid or incurred by an owner of a professional sports franchise, where that fine or penalty is assessed or imposed by the professional sports l...
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