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Updated about 10 years ago on . Most recent reply presented by

User Stats

195
Posts
52
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Lois S.
  • Investor
  • Brentwood, CA
52
Votes |
195
Posts

Calif SB 8, Tax on Services Bill

Lois S.
  • Investor
  • Brentwood, CA
Posted

Sen. Robert M. Hertzberg (D-Van Nuys), introduced as SB 8 immediately after he was sworn in Dec. 1  According to the LA times, it would extend the state's sales & use tax to services. Healthcare and education services would be exempt. So would small businesses with under $100,000 in sales.

According to our local housing assn, this means that Landlords "would be subject to charging a sales tax on rent and paying sales tax on every service provider" that the LL uses on his properties.

If the $100K threshold stands, this would appear to impact large apartment complexes.

Is anyone familiar with this proposed bill?

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