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The Bay Area consists of nine counties (Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, Solano, and Sonoma) and 101 municipalities. [5] One, San Francisco, is a consolidated city–county. California law makes no distinction between "city" and "town", and municipalities may use either term in their official names. [6]
At 7.25%, California has the highest minimum statewide sales tax rate in the United States, [8] which can total up to 10.75% with local sales taxes included. [9]Sales and use taxes in California (state and local) are collected by the California Department of Tax and Fee Administration, whereas income and franchise taxes are collected by the Franchise Tax Board.
Of the 58 counties in California, 14 are governed under a charter. They are Alameda, Butte, El Dorado, Fresno, Los Angeles, Orange, Placer, Sacramento, San Bernardino, San Diego, San Francisco, San Mateo, Santa Clara, and Tehama. [6] Nine counties in California are named for saints, tied with Louisiana for the largest number.
Saratoga, California. Median household income: $224,179. Like Los Altos, Saratoga is another city in the greater San Jose area. It’s situated below the southwestern shore of San Francisco Bay.
Among locals, the nine-county Bay Area is divided into five sub-regions: the East Bay, North Bay, Peninsula, city of San Francisco, and South Bay. The " East Bay " is the densest region of the Bay Area outside of San Francisco and includes cities and towns in Alameda and Contra Costa counties centered around Oakland .
The Bradley-Burns law was introduced as a response to the proliferation of local sales and use tax ordinances enacted by California cities and counties between the 1940s and 1950s. This explosion of diverse tax regulations created compliance difficulties for both taxpayers and tax administrators.
Investing in necessity-based real estate is one way to grow your money over time. Commercial real estate has long been touted as a wise investment for adding stability to your portfolio ...
Savings interest rates today: Money can't buy love, but sweet returns of up to 4.50% APY comes close — Feb. 14, 2025