California Giving Businesses a One-Year Sales Tax Reprieve (4)

California has given businesses up to a year to gradually remit the sales taxes they collect from customers. Revenue directors from Illinois and Oregon say further tax relief guidance is coming. And Texas and Pennsylvania, meanwhile, extended more deadlines. Here’s the latest on shifting state tax guidelines, deadlines, and policy to deal with the new coronavirus pandemic. For our Wednesday coverage click here. Here’s a state-by-state roadmap.

Small California businesses can take one year to gradually remit up to $50,000 in sales tax collections to the state to help them weather the health crisis, Gov. Gavin Newsom (D) ...