Effective April 1, California’s sales tax increased by 1%.  The increase is set to expire on either July 1, 2011 or July 1, 2012 depending on the outcome of the May 19 special election.  Some counties voted to increase their local taxes even more.

Pico Rivera and South Gate take the dubious honor of having the highest sales tax in the state with a rate of 10.25%.  The only bright side is that the Enterprise Zone tax credit program allows companies to recover the sales tax paid on qualified machinery used in the Enterprise Zone.  Here is the link to the FTB’s Special Notice listing the new tax increases by city and county.

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This entry was posted on Wednesday, April 15th, 2009 at 5:07 am and is filed under Tax News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.