SALT Report 1255 – The California State Board of Equalization has updated the list of California’s largest unpaid sales and use tax delinquencies for fourth quarter 2011. The BOE reports that the top 16 debtors have delinquencies that total more than $21.1 million in unpaid sales and use tax and the top 250 tax delinquencies total more than $419.5 million in liabilities owed to the State of California.
The BOE is mandated by state law to post the list online every quarter, excluding amounts that are being addressed through payment arrangement, bankruptcy, litigation, or appeal. Upon notification the taxpayer can request that any full or partial payments be posted to the list. Since the inception of the program, the Board of Equalization has received a total of $5.2 million from 38 taxpayers that came forward to take care of their debts: 27 through installment payment agreements and 11 by making payment in full.
Effective January 1, 2012 the BOE will start listing the top 500 tax delinquencies; and since the passage of AB 1424 state licensing officials are authorized to suspend, revoke, or refuse to issue professional or occupational licenses, certificates, registrations, or permits, to debtors the BOE or FTB lists as one of the 500 largest tax delinquencies in California.
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