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[4] The State Franchise Tax Board has forbidden business tax deductions for fees and expenses incurred at discriminatory private clubs. [ 5 ] Los Angeles Mayor Tom Bradley on May 28, 1987, signed a bill sponsored by Council Member Joy Picus to ban discrimination at most of the city's large private clubs, based on "sex, sexual orientation, race ...
According to the attorney general's office, "failing to register may lead to penalties, administrative or legal action, and the loss of tax exemption status with the [state] Franchise Tax Board."
A royalty payment is a payment made by one party to another that owns a particular asset, for the right to ongoing use of that asset. Royalties are typically agreed upon as a percentage of gross or net revenues derived from the use of an asset or a fixed price per unit sold of an item of such, but there are also other modes and metrics of compensation.
The team is tasked with undertaking “comprehensive modernization and reinvention of the troubled California Department of Motor Vehicles (DMV) and make recommendations for new long-term leadership and reform at DMV – with an emphasis on transparency, worker performance, speed of service and overall consumer satisfaction.” [5] The team was ...
The California Solar Initiative (CSI) is overseen by the California Public Utilities Commission (CPUC) and provides incentives for solar system installations to customers of the state's three investor-owned utilities (IOUs): Pacific Gas and Electric Company (PG&E), Southern California Edison (SCE) and San Diego Gas and Electric (SDG&E). The CSI ...
The California State Teachers' Retirement System (CalSTRS) provides retirement, disability and survivor benefits for California's 965,000 prekindergarten through community college educators and their families. [1] CalSTRS was established by law in 1913 and is part of the State of California's Government Operations Agency.
The California Horse Racing Board (CHRB) was established in 1933 as an independent agency of the State of California, United States. The CHRB has authority over the regulation of horse racing and parimutuel betting at licensed California race tracks. The function of the CHRB is to watch over authorized California horse races to protect the ...
Corporations with assets exceeding $10 million must complete a detailed 3 page reconciliation on Schedule M-3 [30] indicating which differences are permanent (i.e., do not reverse, such as disallowed expenses or tax exempt interest) and which are temporary (e.g., differences in when income or expense is recognized for book and tax purposes ...