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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.
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
Best Used Car Under $15,000: Hyundai Elantra. Best model years: 2017 to 2020 Reliability score: 73 out of 100 Owner satisfaction rating: 1 out of 5 Try This: 10 Car Models That Will Have Massive ...
He already owns a car worth $13,000, but is tempted to purchase a new sports car — a Nissan 370Z — for $30,000 in cash. He admitted this is purely an indulgence and that the new car would be ...
The Nissan 370Z (known as the Fairlady Z Z34 in Japan) is a 2-door, 2-seater sports car (S-segment in Europe) manufactured by Nissan Motor Company. [2] It was announced on October 29, 2006, and was first shown at an event in Los Angeles ahead of the 2008 Greater LA Auto Show, [3] before being officially unveiled at the show itself.
Under the “standard” repayment plan and its variations, borrowers pay a fixed amount every month for 10 years — or 25 to 30 years for those with larger debts — until their balance is zero.
The 370Z has an official 0–60 mph (0–97 km/h) time of 5.1 seconds. However, the car has also been tested by Motor Trend Magazine, which reported a 4.7 second 0–60 mph (0–97 km/h) with 1-foot (0.3 m) of rollout. Quarter mile times range from 13.1 and 13.6 seconds, [18] thus making the 370Z the fastest production Z. The 370Z is available ...