2006 Initiative Analysis: McCauley-Rooker Tax Equity and Fiscal Responsibility Act

The state also levies an estate tax payable upon death, equal to the amount of any available state tax credit allowed under the federal estate tax (currently zero). Finally, residential and commercial property is subject to a general-purpose local ad val orem property tax rate of up to 1  percent annually, plus any additional tax for voter-approved indebtedness.
https://lao.ca.gov/ballot/2006/060370.htm

^[PDF] Senior citizens' property tax assistance is

Senior citizens' property tax assistance is available only on that portion of taxes paid on the first $34,000 of full value, after taking into account the $7,000 homeowners' property tax exemption. Assistance disbursed in 1980-81 will be based on taxes paid in 1979-80.
https://lao.ca.gov/analysis/1980/13_tax_relief_1980.pdf

2003 Initiative Analysis: Corporate Tax Accountability Act

Background Information Current Tax Law . California levies taxes on the income of both individuals and businesses through the personal income tax and corporation tax (CT). State law includes special tax provisions for c ertain business-related activities that result in lower tax liabilities than would otherwise occur.
https://lao.ca.gov/ballot/2003/030559.htm

A Report on Tax Agency Information and Data Exchange

We have focused on information and data gathering and exchange related to the state’s three principal tax and revenue sources-the personal income tax (PIT), sales and use tax (SUT), and corporation tax (CT)-with an emphasis on how additional cooperation can serve to improve overall tax compliance as well aid in tax enforcement activities.
https://lao.ca.gov/2007/tax_agencies/Tax_Agencies_012307.aspx

^[PDF] Analysis of the 1987-88 Tax Expenditure Budget

With respect to individual taxes: • Personal income tax TEPs amount to at least $12.2 billion, or nearly 73 percent of total state tax expenditures. • Sales and use tax TEPs amount to at least $3.9 billion, or over 23 percent of total state tax expenditures. • TEPs for the bank and corporation
https://lao.ca.gov/reports/1988/00_88_analysis_of_the_1987_88_tax_expenditure_budget.pdf

^[PDF] California's Tax Expenditure Programs--Part 1: Overview

California's Tax Expenditure Programs--Part 1: Overview • • were developed by the state's two major tax agencies-the California Franchise Tax Board (FTB), for in- come taxes, and the State Board of Equalization (BOE), for all other taxes.
https://lao.ca.gov/reports/1999/californias_tax_expenditure_program_part_1.pdf

Traveling in California: Transportation Revenues and Expenditures Part I

This sales tax rate can go up to 8.75  percent when optional sales taxes are included. The sales tax rates paid in California are a combination of several tax rates levied by the state and individual local govern ments. • State Tax Rate.
https://lao.ca.gov/2000/051100_cal_travels/051100_cal_travels_finance.html

^[PDF] Ballot Analysis

Property taxes raise around $65 billion each year for these local governments. How Is a Property Tax Bill Calculated? Each property owner’s annual property tax bill is equal to the taxable value of their property multiplied by their property tax rate.
https://lao.ca.gov/ballot/2020/Prop19-110320.pdf

^[PDF] Wealth Tax. (Amendment #1-S.)

It also eliminates the current alternative minimum tax for both the PIT and the CT. Curtails Certain Tax Expenditures. The measure eliminates or restricts certain so- called tax expenditure programs (TEPs).
https://lao.ca.gov/ballot/2005/050639.pdf

2005 Initiative Analysis: The McCauley-Rooker Tax Equity and Fiscal Responsibility Act

Annual increased state taxes—primarily from increased personal income taxes—in the low tens of billions of dollars annually, offset by a commensurate amount of state tax reduct ions from rate reductions and new tax credits.
https://lao.ca.gov/ballot/2005/050762.htm