Fri, Nov 22, 2024
Tags Business Tax Holiday

Tag: Business Tax Holiday News

Los Angeles Mayor Villaraigosa: 3-Year Tax Holiday On New Businesses Should Never Expire

Cindy Holden -
LOS ANGELES, Calif. /California Newswire/ -- Speaking to the United Chamber of Commerce Annual Mayor's Luncheon in Woodland Hills, Mayor Antonio Villaraigosa said for the first time on Tuesday that the three-year tax holiday on new businesses that he implemented in 2010 should never expire. The policy is currently set to expire in 2012.

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