Tax Lawyers in Malibu
The government of Malibu, California collects taxes from its residents in order to pay for basic public services, like police and fire departments, libraries, hospitals, and public transit.
Taxes in Malibu, California are derived from a wide variety of sources. Regardless of the source, however, the amount that's taken is never arbitrary, and is always determined by law. A tax can come either in the form of a flat fee, or as a percentage of one's income, the value of a piece of property, or a sale.
Everyone in Malibu is required by law to pay the taxes they owe. If you fail to do this, you could end up facing jail time.
Sources of Tax Dollars in Malibu, California
A wide variety of activities are subject to taxation in Malibu, California, creating a massive range of revenue sources. For example, cities normally impose a sales tax, charge fees for certain licenses, and collect tolls on roads and bridges.
Sales Tax: In Malibu, the sales tax is a tax that's added to the price of goods at the point of sale. Normally, you have to pay a city sales tax on top of whatever sales tax is levied by . Usually, the local sales tax is much smaller than the state tax, which is normally in the area of 5-8%, with the city tax most often being less than one percent.
Licensing Fees: The government of Malibu issues licenses for engaging in a wide variety of different activities. Most commonly, they issue business licenses, which business owners must obtain before operating any type of business in city limit. The most important of this process is usually paying a fee. While these taxes are called "fees," instead of "taxes," they are functionally identical, and serve the same purpose (namely, raising revenue).
Bridge/Road Tolls: Many larger cities in the U.S. charge tolls to enter the city via major highways or bridges. This amounts to a tax paid for the privilege of entering Malibu if it has such toll roads. Besides being a general source of revenue, these tolls require visitors to the city, who will have many city services available to them while they visit, to pay at least some contribution to these services.
How Can a Malibu, California Tax Attorney Help?
Tax Law in Malibu, California is not simple. Taxes are imposed on a wide range of activities, and the manner in which they're calculated can be very difficult. Additionally, there are usually special tax breaks or exemptions that may or may not apply to you.
If you have any legal issues with your taxes, you should obtain legal advice from a qualified and reputable tax attorney in Malibu, California.