{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"The evolution of California\u2019s sales factor","description":" In this episode of the SALT Shaker Podcast, host and SALT Counsel Jeremy Gove sits down with Partner Tim Gustafson to explore the historical evolution and current challenges surrounding California\u2019s sales factor.  The conversation traces California\u2019s apportionment journey from its original equally weighted three-factor formula to today\u2019s dominant single sales factor approach. Jeremy and Tim unpack key developments, including: California Supreme Court decisions shaping the definition of \u201cgross receipts\u201d A voter-approved initiative accelerating the shift to a single sales factor Regulatory amendments relating to market-based sourcing The episode concludes with a discussion of a recent legislative change redefining \u201cgross sales\u201d as \u201cnet sales\u201d \u2013 a retroactive adjustment now facing legal challenges for its conflict with prior judicial interpretations. Plus, don\u2019t miss the overrated\/underrated segment, where Jeremy and Tim share their hot takes on card games.  For a deeper dive into this topic, check out Tim\u2019s article, published in Tax Notes State, which he co-wrote with Associate Constance Chien. ","author_name":"The SALT Shaker Podcast","author_url":"https:\/\/www.stateandlocaltax.com","html":"