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Local tax revenue

Revenues from sales and temporary occupancy taxes are below budget expectations

SANTA BARBARA, Calif. – Official results for the City of Santa Barbara’s sales tax and transient occupancy tax have been released, but both revenue sources fell short of budget expectations. The City of Santa Barbara announced that it collected $7.8…

Faced with budget constraints, Chinese tax collectors are attacking companies

BEIJING (AP) — Chinese authorities are collecting decades-old tax arrears from companies and individuals as the government tries to plug massive budget deficits and deal with a growing debt crisis. More than a dozen listed Chinese companies said they had…