Calif.’s New Employment Credit Rules Could Curb Tax Abuses

Law360, San Diego (January 14, 2013, 10:56 PM EST) -- A California housing agency issued new rules Friday limiting when businesses that hire workers in regions of high unemployment are eligible for tax incentives, a move that is likely to block companies from seeking credits for certain past hiring decisions and to encourage them to add more veterans and people on public assistance to their workforces, attorneys say.

The California Department of Housing and Community Development unveiled a proposal requiring companies to

claim enterprise-zone vouchers within one year of the hiring date, in an effort to...
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