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Newsom Wants to Extend California Business Tax Credit in Budget

A lucrative tax credit designed to attract new businesses to California should be extended, Gov. Gavin Newsom (D) said in his State of the State address Thursday.

A lucrative tax credit designed to attract new businesses to California should be extended, Gov. Gavin Newsom (D) said in his State of the State address Thursday.
In a speech lauding what he called the state’s economic success, Newsom told state lawm… [355 chars]

Source: Bloomberg Tax News | Published: 2026-01-08T22:01:05Z

Credit: Bloomberg Tax News

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