News California Tax Break for Multinationals Faces Scrutiny Amid Budget Crisis by Daniel Perez - News Editor March 17, 2026 by Daniel Perez - News Editor March 17, 2026 California Bill Aims to Close Tax Loophole for Multinational Corporations SACRAMENTO — A decades-old corporate tax policy that costs California billions in lost revenue annually is facing potential repeal as … 0 FacebookTwitterPinterestEmail