Institute on Taxation and Economic Policy (ITEP)

March 5, 2026

California Budget & Policy Center: 5 Facts To Know About Corporate Taxes in California

ITEP Work in Action

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Several large corporations pay next to nothing in corporate taxes in California, largely due to overly generous state tax breaks. Reforming the state’s corporate tax system is a necessary step to support the health and well-being of Californians and strengthen economic security for all.

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