LAO Economy and Taxes

Prior to these laws, the Board of Equalization (BOE) had administrative and appeals responsibilities for many taxes and fees. The laws created two new departments—the California Department of Tax and Fee Administration (CDTFA) and the Office of Tax Appeals (OTA)—and transferred most of BOE’s duties to these departments.
https://lao.ca.gov/Policy-Areas?areaId=8&category=0&year=0&page=6

^[PDF] January 1999 State Corporate Taxation of Sales to the Federal Government

In this case, the company’s taxes fall by a more significant amount—about $2.2 million (or roughly 6 per- cent)—while its annual after-tax rate of return increases to 9.6 percent. Conclusion. These scenarios suggest that a shift by California from origin to destina- tion would have a modest impact on a “typical” company’s combined federal-state tax payments and its after tax rate-of-return.
https://lao.ca.gov/1999/990121_scr44_bct_fed_sales.pdf

^[PDF] The 1989-90 Budget: Perspectives and Issues

Chart 12 indicates that 91 percent of these revenues will come from three large taxes--the personal income tax, the sales and use tax, and the bank and corporation tax. The remaining 9 percent of revenues is derived from the insurance tax, interest income from investments, death-related taxes and various other sources.
https://lao.ca.gov/analysis/1989/pandi_89_part3.pdf

^[PDF] Tax Expenditures: Policy Issues

Tax Expenditures: Policy Issues Presented to: Commission on the 21st Century Economy February 12, 2009 LAO Tax Expenditures—An Alternative To Direct Spending Programs What is the need for the program?
https://lao.ca.gov/handouts/Econ/2009/Tax_Expenditures_2_12_09.pdf

California's Economy and Taxes

California's Economy and Taxes The 2024-25 Budget: Temporary Corporation Tax Increases May 17, 2024 The May Revision proposes to temporarily increase corporation tax revenues by limiting the use of business tax credits and net operating loss deductions.
https://lao.ca.gov/LAOEconTax?tagId=28

1998 Cal Facts California's Fiscal Structure

Income taxes (personal and corporate), and sales and use taxes have declined as a percent of the total, while other taxes, fees, and charges have increased. California's Governments Rely on a Variety of Taxes State Taxes
https://lao.ca.gov/1998/1998_calfacts/98calfacts_fiscal_structure.html

^[PDF] California's Other Budget Deficit: The Unemployment Insurance Fund Insolvency

When benefits paid out exceed a firm’s tax payments, the firm has a negative reserve ratio. Firms with high positive ratios pay the lowest taxes while firms with nega- tive ratios pay the highest taxes.
https://lao.ca.gov/reports/2010/ssrv/unemp_ins/ui_102010.pdf

2003 Initiative Analysis: Parental Approval of Specified Sexual Instruction.

Provisions of the Initiative The measure amends the Constitution in the following manner: Voting Requirements for Tax Increases. The measure requires that any change in taxes enacted for the purpose of increasing revenues from an existing tax or a newly established tax be approved by a vote of two-thirds pl us one of the Legislature.  
https://lao.ca.gov/ballot/2003/030522.htm

2003 Initiative Analysis: Parental Approval of Specified Sexual Instruction.

Provisions of the Initiative The measure amends the Constitution in the following manner: Voting Requirements for Tax Increases. The measure requires that any change in taxes enacted for the purpose of increasing revenues from an existing tax or a newly established tax be approved by a vote of two-thirds pl us one of the Legislature.
https://lao.ca.gov/ballot/2003/030524.htm

LAO Publications

Loni Hancock, Chair Format: Tax Expenditure Reviews November 16, 2007 - Tax expenditure programs (TEPs) are features of the tax code—including credits, deductions, exclusions, and exemptions—that enable a targeted set of taxpayers to reduce their taxes relative to what they would pay under a “basic” tax-law structure.
https://lao.ca.gov/publications?page=116&year=0&publicationType=0