CCH's Guidebook to California Taxes is the essential handbook on California taxation. Widely used by practitioners and all those involved in California taxes, this time-saving guide is accepted as the premier source for quick reference to all taxes levied by the state, including personal and corporate income, inheritance and gift, sales and use, and property taxes. The 2020 Guidebook is the 70th Edition, reflecting significant new legislation, regulations, court decisions, and Office of Tax Appeals decisions through press time in December, 2019. It is authored by Wolters Kluwer Editorial Staff. This Guidebook is completely reviewed and revised every year for most accurate and up-to-date information on California taxes. A special summary of key new legislative, regulatory and judicial developments provides at-a-glance awareness of changes and the impact on taxpayers. The Guidebook also compares state taxes with federal taxes and illustrates the differences. Cross references make it easy to trace comparable California and federal provisions. The CCH Guidebook to California Taxes is designed to accomplish three main objectives: 1. Give an updated and comprehensive picture of the impact and pattern of all taxes levied by the state of California and also the general property tax levied by local governmental units. 2. Present a readable quick reference to the personal income tax and taxes on corporate income. 3. Tell you quickly what the California tax law provides, whether the provision is the same as the federal and, if so, the significance of the difference. For additional research, references to CCH's CALIFORNIA TAX REPORTS, CCH's U.S. MASTER TAX GUIDE and CCH's UNEMPLOYMENT INSURANCE REPORTS are provided throughout.