Articles by tag: California
In The Matter of the Appeal of Microsoft Corporation and Subsidiaries, OTA Case No. 21037336, the Office of Tax Appeals (“OTA”) decided that the taxpayer, Microsoft Corporation, was correct to include the entirety of its gross receipts from repatriated dividends in the denominator of its sales factor used for apportionment, regardless of the fact that […]
Latest
Articles
Hotel Revenue in California Rides a Rollercoaster Due to Decreased Travel, Strikes, Other Factors
There’s a myriad of economic activities that contribute to the prosperity, hotels, and tourism in California, which subsequently support the Golden State. Although the state is successful in other industries, its hospitality sector offers a snapshot of how diverse influences, from currency valuation to labor shortages, play out in a microcosm. The pandemic lockdowns […]
Articles
California Commits to Doubling EV Chargers Throughout the State by 2025
By 2025, California will solidify its EV charging lead in the U.S. California commits to doubling EV chargers through a $2.9 billion project aimed at increasing available charging infrastructure in key zones across the state. “The plan will increase access to charging and hydrogen fueling for individuals, businesses and public agencies, while supporting our emerging […]
Articles
Why Might California’s 2023-2024 Education Budget Lack Billions in Funding?
Things are looking bleak for California’s 2023-2024 education budget and school year. As the state gears up for another legislative cycle and major funding decisions, the state’s nonpartisan Legislative Analyst Office is predicting a hole of $2.6 billion for schools and community colleges beginning in July 2023. Declining state revenues are keeping education funds tight, […]
Articles
Innovation to Lower Cost Base for Higher Education
California higher education is losing money. Their enrollment is decreasing, as inflation has the cost for school attendance, sky high. The state is working on establishing a new and updated solution to solve the high enrollment costs coupled with the low enrollments rates. Michael Horn, Host of The Future of Education, speaks of innovation and […]
Energy
The Impact of Oil Spills Beyond the Environment
An oil spill doesn’t just have environmental consequences… the ramifications can extend to other entities as well. As Orange County in California is dealing with the aftermath of an oil spill that left 126 thousand gallons of oil in the Pacific Ocean, what sort of impacts does this have on the tourist industry? How […]
Energy
California Oil Spill is a “Tempest in a Teapot,” Oil Economist Says
California is in emergency mode to reign in a 25-mile oil slick, after an estimated 3,000 barrels, or 126,000 gallons, of post-production crude was spilled in the Pacific Ocean off the coast of Orange County. Though the situation is still on-going, authorities suspect a ship’s anchor may be to blame, cutting into an off-shore pipeline. […]