E-Alert
June 1, 2011
Sales Tax Rate Drops July 1, 2011
Effective July 1, 2011, the combined statewide sales and use tax rate will decrease from 8.25 percent to 7.25 percent. The temporary one percent tax increase implemented in April 2009 expires on June 30, 2011.
District tax rates are still applicable and 13 cities in California have approved increased tax rates which are in effect as of April 1, 2011. For a list of the 13 cities that have tax increases, go to http://www.boe.ca.gov/news/pdf/l269.pdf. To see the rates for all of California, go to http://www.boe.ca.gov/cgi-bin/rates.cgi.
####
If you have any questions regarding this issue, please contact the DZH Phillips Tax Department at (415) 781-2500 or email cpas@dzhphillips.com.
More e-Alerts, updates & articles »
DZH Phillips LLP is one of the leading public accounting and strategic consulting firms in the San Francisco Bay Area. We provide the long-term relationships, industry expertise, and consistently high-quality service our clients need to make the right decisions today and in the future.
To ensure compliance with requirements imposed by the IRS, we inform you that any tax advice contained herein (including any enclosures or attachments) was not intended or written to be used, and cannot be used, by the taxpayer for the purpose of avoiding any penalties that may be imposed under the Internal Revenue Code or applicable state or local law provisions.
For the Media:
DZH Phillips has experts on staff to provide information on a variety of subjects related to tax planning, accounting, and estate planning. We can provide:
• Expert opinions
• Articles
• Tips and advice
Please contact:
T (415) 781-2500
E cpas@dzhphillips.com
