California Bill Seeks Transparency for Sales Tax Sharing Deals

California cities that give retailers millions of dollars in sales tax revenue in exchange for the companies assigning online sales to them, boosting their share of local tax money, would be required to disclose how much they’re giving away under a newly introduced bill.

Assembly Revenue and Taxation Committee chair Jacqui Irwin (D) introduced A.B. 2854 targeting the tax-sharing agreements late Monday, the second bill on the topic that lawmakers will consider this year after one introduced last month in the state Senate. The bills would apply to a few dozen cities that have agreements with some of the ...