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BUSINESS NEWS · GLOBAL ·

California’s counting on an IPO tax windfall. Several factors are complicating the equation

As reported by Business News
The IPOs of SpaceX, OpenAI and Anthropic could create a tax windfall for the state of California. But experts say the revenue impact may be blunted.
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California anticipates a significant tax boost from the potential IPOs of tech giants like SpaceX, OpenAI, and Anthropic. However, financial experts suggest that various complicating factors could reduce the expected revenue impact, leading to a less substantial windfall than…

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