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The California State Student Association (CSSA), also known as the Cal State Student Association, is an "unincorporated income tax-exempt association". [3] [4] CSSA is exempt from taxation under Section 501(c)(3) of the United States Internal Revenue Code and it is exempt from state franchise or income tax under California Revenue and Taxation Code Section 23701d.
A 1997 amendment to the legislation replaced the Council with the Bureau for Private Postsecondary and Vocational Education (BPPVE). [4] The bureau "regulated approximately 1,800 schools serving an estimated 400,000 students", and administered statutory exemptions from the regulations for schools that teach religion. [5]
The California Tax Education Council (CTEC) is a private nonprofit quasi-public benefit organization that is mandated by the State of California.CTEC is responsible for providing a list of its approved tax education providers and verifying nonexempt tax preparers have met the state’s minimum requirements to prepare tax returns for a fee.
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The Biden administration's student loan relief plan is expected to wipe out the debt of 1 million or more Californians, though most will still owe.
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.
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The University of California Student Association (UCSA) is an active [4] 501(c)(3) [1] [5] unincorporated association, [6] purposed as a student association of all University of California (UC) students. [7]