California – Technical Amendments to Offers in Compromise

SALT Report 2916 – The California State Legislature enacted legislation that allows the State Board of Equalization to compromise a final tax liability if certain requirements are met.  Specifically, Senate Bill 824 amends the BOE’s offers in compromise statutes to allow the BOE to compromise, until January 1, 2018, the final tax, fee, or liabilities of:

  • A business that is not discontinued or transferred if the final tax liability arises from transactions in which the taxpayer did not receive a sales tax reimbursement or use tax,
  • A person liable as a successor, and
  • A consumer who incurred a use tax liability

The provisions in Senate Bill 824 are effective January 1, 2014.

For Further Information

California State Legislature – Senate Bill 824, Laws 2013

California State Board of Equalization – Enrolled Bill Analysis