Posts by Daniel ChavezOf Counsel
What happens when a California executive leaves the state and later receives a multimillion-dollar severance payment tied to the job he actually performed in California? According to the California Office of Tax Appeals, the answer may depend less on where he worked before leaving and more on where his contract required him to work in the future.
The California Billionaire Tax Act is officially on the November ballot. Late last month, California's Secretary of State certified the measure after proponents submitted well over double the required signatures. Backroom negotiations between Governor Newsom and the union backing the initiative, SEIU-UHW (i.e., United Healthcare Workers West), collapsed at the eleventh hour, and the measure is now headed to voters on November 3, 2026.