
💸 California’s New Tax Law Means Business
Published by OOPSONLINE.IN · Source: Bloomberg Tax News · 1 min read · · Updated
🔥 OOPS SAYS
Because nothing captures the laid-back California vibe quite like aligning state tax codes with federal business interest deductibility.
What actually happened
The California Governor signed a law that includes: 1) for taxable years beginning on or after Jan. 1, 2025, providing that the limit on deductibility for business interest under the ...
Key points
- The California Governor signed a law that includes: 1) for taxable years beginning on or after Jan.
- 1, 2025, providing that the limit on deductibility for business interest under the ...
Summary based on data provided by Bloomberg Tax News. Full article available at the original publisher.
- #business
- #california
- #governor