California’s excise gas tax will increase 1.6 cents per gallon on July 1 as the office of Gov. Gavin Newsom attempts to correct “disingenuous claims” about gas price spikes in the state. The excise ...
Tax Rate: Like the House bill, the Senate proposal would make numerous changes to Code Section 4968, the “endowment tax” enacted in 2017. Instead of the existing flat 1.4% excise tax rate, there would ...
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