News and Views for the California Enterprise Zones » sales or use tax http://canditax.com/blog From the tax credit experts Mon, 16 Sep 2013 18:26:58 +0000 en-US hourly 1 http://wordpress.org/?v=3.4.2 Court of Appeal Affirms FTB’s Position Re Sales or Use Tax Credit for Current Expense Assets http://canditax.com/blog/?p=1293 http://canditax.com/blog/?p=1293#comments Wed, 14 Mar 2012 03:36:00 +0000 StevenDotan http://canditax.com/blog/?p=1293  

The Second District Court of Appeals today ruled that the enterprise zone sales and use tax credit of Revenue and Taxation Code Sec. 23612.2 is not available in connection with the purchase of current expense assets, but rather only with the purchase of capital assets.  Read the full opinion.

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