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State Taxes

Net Operating Loss Carryover tax

Small Business California led the fight to get an exemption for small businesses with less than 500,000 in gross receipts from the suspension of the Net Operating Loss Carryover tax.

E-Fairnes Bill

AB 155 (C. Calderon) – Known as the E-Fairness bill, AB 155 worked to coordinate the enactment of federal law giving states the authority to require out-of-state internet retailers to collect state sales taxes and enable California small businesses to compete on a level playing field with on-line retailers.

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