Identify the essential elements of income tax in california

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Identify the essential elements of the income tax in California. Does California levy individual and corporate income taxes; do local governments levy such income taxes and if so, are they linked to the state taxes; are the state income taxes linked to the federal income taxes; are the rates graduated; are there preferences in the state taxes that are not also in the federal taxes; and are the state taxes indexed?

Reference no: EM133255956

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