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From YouTube: Governor Newsom's COVID-19 Response Update - November 30, 2020

Description

Governor Gavin Newsom provides an update on the state's response to the COVID-19 pandemic.

Governor Newsom announced at his press conference today that if the current COVID case and hospitalization surge continues, he may have to take "drastic action," which could include a stay-at-home order for those living in California's Purple Tier counties.

Governor Newsom also announced that California will provide temporary tax relief for eligible businesses impacted by COVID-19 restrictions. The temporary tax relief entails an automatic three-month income tax extension for taxpayers filing less than $1 million in sales tax, extends the availability of existing interest and penalty-free payment agreements to companies with up to $5 million in taxable sales and provides expanded interest free payment options for larger businesses particularly affected by significant restrictions on operations based on COVID-19 transmissions. The total tax relief, if fully utilized, is estimated to have billions in impact. These efforts are informed by recommendations made by the Governor’s Task Force on Business and Jobs Recovery.

Recorded November 30, 2020 in Sacramento, California.

For more information regarding the impact of the COVID-19 outbreak in Cupertino, please visit https://www.cupertino.org/coronavirus