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In 1879, California adopted its state constitution which among many other programs created the State Board of Equalization and the State Controller, which administered all tax programs. [ 1 ] In 1929, the state legislature created the office of the Franchise Tax Commissioner to administer California's Bank and Corporation Franchise Tax Act.
The collection of almost all state sales taxes and special fees, prior to the formation of the Administration, was handled by the California State Board of Equalization, a constitutional body composed of constitutional offices; despite almost a century of attempts to reform the Board, owing to various corruption-related concerns, these efforts were not successful for most of its history. [3]
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.
Californians pay the highest marginal state income tax rate in the country — 13.3%, according to Tax Foundation data. But California has a graduated tax rate, which means your rate increases ...
2003–2005 Honda Accord coupe. For the first time, Honda offered an "enthusiast" version of the Accord in the U.S., adding a sports suspension and mating the 6-speed manual transmission from the Acura CL without the Type-S' helical limited-slip front differential. It had bigger 17" wheels fitted with slightly wider 215/50R17 vs. the sedan's ...
The sponsored Honda team would compete in the ATVA MX and TT Nationals in the Pro-Production class. The 450r's first national race would be the 2003 Baja 1000. The 450R was off to a good start even before its public launch. The 450R was first across the line in the ATV class with a total time of 22 hours, 27 minutes, and 24 seconds.
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South Carolina has a 6% state sales tax but when combined with local, county and hospitality taxes South Carolina has a maximum sales tax of 10.5%. In Charleston, the tax rate equals 10.5% with state tax, county tax, local option tax, and the hospitality