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In 1929, the state legislature created the office of the Franchise Tax Commissioner to administer California's Bank and Corporation Franchise Tax Act. [1] In 1950, California abolished the office of the Franchise Tax Commissioner and created the Franchise Tax Board as it exists today. [1] The Executive Officers of the Franchise Tax Board have been:
The department handles the vast majority of California's sales, use and excise tax assessment, auditing and collection. It also collects the 1.25% Bradley-Burns Uniform Local Sales and Use Tax and various 'district taxes'. Sales & use tax; Alcoholic Beverage Tax (contracted to administer on behalf of the Board of Equalization) California Tire Fee
Los Angeles County Treasurer and Tax Collector bills, collects, invests, borrows, safeguards and disburses monies and properties in Los Angeles County. The Los Angeles County Board of Supervisors appoints the treasurer to this position. The previous treasurer was Keith Knox [1]. The current treasurer is Elizabeth Ginsberg [2].
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. The statewide base sales tax rate of 7.25% is allocated as follows: [10] 7.25% – State + Local 6.00% – State 3.9375% – State – General Fund
According to the California Franchise Tax Board (FTB) site, the state has already issued $7,508,156,450 billion in Middle Class Tax Refunds (MCTR) — 6,956,431 payments via direct deposit and ...
The seat houses the Los Angeles County Board of Supervisors, meeting chambers, and the offices of several County departments. [1] It is located in the Civic Center district of downtown Los Angeles, encompassing a city block bounded by Grand, Temple, Hill, and Grand Park. On an average workday, 2,700 civil servants occupy the building. [2]
To help California residents battle inflation, the state started sending Middle-Class Tax Refund (MCTR) payments early October. However, some residents are still waiting for the one-time payments ...
Los Angeles County Board of Education: maintains the policies for governance of the Los Angeles County Office of Education (LACOE) and appoints the Los Angeles County Superintendent of Schools. It is composed of seven members who are appointed by the board of supervisors to two- and four-year terms. [ 13 ]
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