Tax Law Updates | New Statutes, Regulations, and Rulings
June 29, 2009
Hike in District Sales and Use Tax Rates in California to Take Effect on July 1, 2009
Increase in Sales and Use Tax Rates in California Effective July 1, 2009
NR 48-09-G, 6/2/2009
The California State Board of Equalization (“BOE”) has issued a release stating that a number of voter-approved sales and use tax increases – designed to provide revenue for local purposes – will take effect July 1, 2009.
The increases, approved by voters locally in the November 2008 election, will fund programs at the city or county level. Some tax increases apply to cities, some apply to entire counties, and some replace current taxes, the BOE said.
In Los Angeles County, voters approved the Los Angeles County Metropolitan Transportation Authority sales and use tax increase of .50% in November 2008with an effective…
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