United States Virginia change
Sri Lanka Breaking News
Sri Lanka parliament
vivalankaSri Lanka newsSri Lanka businessSri Lanka sportsSri Lanka technologySri Lanka travelSri Lanka videosSri Lanka eventssinhala newstamil newsSri Lanka business directory
vivalanka advertising
Stay Connected
Popular Searches
T20 World Cup
Sponsored Links
Sri Lanka Explorer

State budget deal includes tax break for family firm

Oct 6, 2010 3:00:00 AM - latimes.com
The roughly $30-million provision will let the Humboldt Redwood Co., owned by the influential Fisher family, deduct old losses and will cover penalties and interest.

Buried in the details of the deal to close California's $19-billion budget deficit is a roughly $30-million tax break crafted to benefit a company owned by members of one of the state's richest and most politically influential families, according to a legislative analysis obtained by The Times.

USA, California: (Latest Stories)