September 1, 2011 |
Amazon.com Inc. is offering to build at least two distribution centers and hire as many as 7,000 workers if lawmakers back away — at least temporarily — from trying to force the Internet giant to collect sales taxes on purchases made by California customers. The proposal, along with promises to invest as much as $500 million in the new facilities, was made in the form of draft legislation at a meeting Tuesday night between Amazon lobbyists and representatives of companies that belong to the California Retailers Assn.
August 29, 2011 |
The world's largest retailer, Wal-Mart Stores Inc., has been leading the attack against Internet giant Amazon.com Inc. for refusing to collect sales taxes on online purchases. But Wal-Mart doesn't always collect sales tax on items sold on its site, either. The Walmart.com site, based in Brisbane near San Francisco International Airport, offers hundreds of products from a third-party retailer, CSN Stores in Boston, that are sold without collecting taxes when state residents buy them.
August 16, 2011 |
A coalition of health, welfare and social services advocates is calling for a boycott of Amazon.com Inc. until the Internet retailer drops a referendum to repeal a new law requiring it to collect sales taxes on Californians' purchases. At a news conference Monday on the steps of the state Capitol, the Think Before You Click campaign asked shoppers to cancel accounts with the Seattle-based company. The group has launched a website, ThinkBeforeYouClickCA.org . "The $200 million in annual revenue that California loses each year through Amazon's tax loophole would have been enough to prevent the $90-million cut from California's Adult Day Health Care program," said Nan Brasmer, president of the California Alliance for Retired Americans.
July 22, 2011
Any action of the Legislature can be overturned by voter referendum — almost. The state Constitution explicitly exempts tax measures. So how can Amazon.com circulate petitions to overturn ABx1 28, the law that requires online retailers to collect sales taxes on purchases made by California consumers? Simple: The so-called Amazon-tax law isn't a tax at all. It doesn't impose any new obligation on Californians, who have been required for decades to pay sales taxes on goods purchased from out-of-state sellers.
May 24, 2011 |
In a coup for local film production, ABC is moving its high-rated TV drama "Body of Proof" to Los Angeles from Rhode Island. The new crime drama set in Philadelphia, which premiered in March and stars Dana Delany and Jeri Ryan, filmed its first season in Providence, R.I., but uncertainty surrounding the small state's film tax credit program put California in play. Gov. Lincoln Chafee has recommended dismantling Rhode Island's film tax credit program to balance the state budget. ABC received approval for a $7-million tax credit for "Body of Proof" in March, said Amy Lemisch, director of the California Film Commission.
CALIFORNIA | LOCAL
April 2, 2011 |
The chairman of the state tax board violated campaign finance rules when he didn't disclose his involvement in a contentious Inglewood school board race and faces fines of $13,000, according to state ethics officials. Jerome Horton, who is chairman of the state Board of Equalization, has admitted to several violations — including diverting his unused campaign money to an aborted state Senate run — in an agreement he signed with the director of the state Fair Political Practices Commission.
March 23, 2011 |
Veteran producer and talent manager Larry Thompson was captivated by the true story of the Amish community in Nickel Mines, Pa., that somehow managed to forgive a gunman who killed five girls in a 2006 schoolhouse shooting. Thompson believed the story would make for an inspiring TV movie about the power of faith and forgiveness, but he knew the dark subject matter would be a tough sell in Hollywood. In fact, the Lifetime Movie Network initially passed on the story, though it eventually agreed to broadcast the film.
CALIFORNIA | LOCAL
March 8, 2011 |
Los Angeles City Council candidate Stephen Box did not pay thousands of dollars in taxes on time in 1994, 1995 and 1999, according to liens filed against him with the L.A. County registrar-recorder. According to the liens, Box failed to pay a total of $11,813 in federal taxes in 1994 and 1995, and $2,691 in state taxes in 1999, some of which may have been subsequently paid. Another lien was filed against him in 2008 in connection with a small-claims-court case over an alleged nonpayment of $2,618 to Capital One bank.
February 28, 2011 |
Tax preparation will be more complicated this year for some small-business owners. State rules have been newly tightened because of California's budget shortfall. And talk about new ? some federal tax incentives were not passed until just days before the end of 2010. "Literally, we couldn't file individual returns that had itemized deductions a week ago because the forms weren't ready because the politicians in Washington jerked around until December to make this thing happen," said Robert S. Seltzer, a certified public accountant in Beverly Hills whose clients include small-business owners and entertainment industry professionals.
November 29, 2010 |
Dear Karen: My business was incorporated by an online service on the last day taxes were due for the year. Had it waited one more day, I could have saved $800. Answer: Your experience shows that dates matter when it comes to filing legal documents. And, although online services can be convenient and inexpensive, it is incumbent on the entrepreneur to research details or hire a professional to help. "Online formation companies are very good at getting the documents prepared and filed with the secretary of state," said Deborah Sweeney, chief executive of MyCorporation in Calabasas.