Tax Exclusion for Student Loan Forgiveness [Publication Details]

Oct 1, 2026 - Tax Exclusion for Student Loan Forgiveness [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/5204

Tax Exclusion for Student Loan Forgiveness

Oct 1, 2026 - Tax Exclusion for Student Loan Forgiveness October 1, 2026 Tax Exclusion for Student Loan Forgiveness This post fulfills the requirement enacted by Chapter  5 of 2023 (AB  111, Committee on Budget) that our office estimate the number of Californians who were able to exclude student loan forgiveness from state income taxation and the total amount of loan
https://lao.ca.gov/Publications/Report/5204

Understanding California Corporate Taxation: Apportionment [EconTax Blog]

Aug 11, 2026 - Apportionment Choices Are Tax-Base Design, Not Tax Expenditures. Single Sales Factor can increase taxes for some firms and reduce taxes for others, but it is not best understood as a tax expenditure in the same sense as a credit, deduction, or exemption.
https://lao.ca.gov/LAOEconTax/article/Detail/866

Understanding California Corporate Taxation: Apportionment [EconTax Blog]

Aug 11, 2026 - Apportionment Choices Are Tax-Base Design, Not Tax Expenditures. Single Sales Factor can increase taxes for some firms and reduce taxes for others, but it is not best understood as a tax expenditure in the same sense as a credit, deduction, or exemption.
https://lao.ca.gov/LAOEconTax/Article/Detail/866

Understanding California Corporate Taxation: Net Operating Loss Deductions [EconTax Blog]

Aug 11, 2026 - If a tax loss is increased by a tax preference or a transaction whose tax treatment is disputed, a NOL can preserve that effect and allow it to offset future income. In some cases, the resulting tax loss may not reflect a comparable decline in the business ’s overall economic position.
https://lao.ca.gov/LAOEconTax/article/Detail/865

Understanding California Corporate Taxation: Net Operating Loss Deductions [EconTax Blog]

Aug 11, 2026 - If a tax loss is increased by a tax preference or a transaction whose tax treatment is disputed, a NOL can preserve that effect and allow it to offset future income. In some cases, the resulting tax loss may not reflect a comparable decline in the business ’s overall economic position.
https://lao.ca.gov/LAOEconTax/Article/Detail/865

Comparing Options to Raise and Lower Taxes [Publication Details]

Mar 24, 2026 - Comparing Options to Raise and Lower Taxes [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/5170

Annual Report on Tax Exemptions for Medicinal Cannabis [Publication Details]

Jun 11, 2026 - Annual Report on Tax Exemptions for Medicinal Cannabis [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/5189

Annual Report on Tax Exemptions for Medicinal Cannabis

Jun 11, 2026 - Annual Report on Tax Exemptions for Medicinal Cannabis June 11, 2026 Annual Report on Tax Exemptions for Medicinal Cannabis Statutory Data Reporting Requirement. Chapter  920 of 2024 (AB  2555, Quirk-Silva) renewed an existing tax exemption for certain donations of medical cannabis products.
https://lao.ca.gov/Publications/Report/5189

The 2026-27 Budget: Permanent Business Credit Limitation [EconTax Blog]

May 18, 2026 - Background Business Tax Credits Reduce Tax Liability to Encourage Specific Activities. California allows corporations to claim a variety of tax credits that reduce tax liability on a dollar-for-dollar basis.
https://lao.ca.gov/LAOEconTax/Article/Detail/860