Read the Beforeitsnews.com story here. Advertise at Before It's News here.

By Againstcronycapitalism.org
Contributor profile | More stories

Story Views
Now:
Last hour:
Last 24 hours:
Total:

New excise Tax on CA Property Owners for Renting or Leasing Property?

Saturday, February 20, 2021 22:01

% of readers think this story is Fact. Add your two cents.

The bill also states that landlords can’t pass through the tax to tenants. How California would enforce this we’d like to know.

(From The California Globe)

The bill would impose an annual excise tax upon a qualified taxpayer for the privilege of renting or leasing out qualified property in this state at a rate of (unspecified rate based on the) gross receipts of the qualified taxpayer that are derived from rental income. Moreover, it states that it is “the intent of the Legislature to enact legislation that would increase the rate specified if the qualified taxpayer receives a certain number of code violations issued by the building department or health department of a city or county.”

Click here for the article.

http://www.againstcronycapitalism.org/

Source: https://www.ac2news.com/2021/02/new-excise-tax-on-ca-property-owners-for-renting-or-leasing-property/

Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST

Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).

Comments

Online:
Visits:	1,553,802,181
Stories:	8,049,261