Yesterday may have been Thanksgiving, but grateful isn’t exactly how California tax professionals are feeling about their regulators right now. Instead, they’re expressing annoyance that — eight years in — the state’s Office of Tax Appeals still isn’t sure of its powers.
The tribunal, which is responsible for keeping the state’s other tax agencies in check, is supposed to instill clarity and trust in California’s tax system. Practitioners say they’ve been patient as it has gotten on its feet. Now, they want it to act assertively.
The OTA has the ammunition to do that, they say. State Attorney General ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.
