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When was California Franchise Tax Board created?

Updated: 8/21/2019
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California Franchise Tax Board was created in 1950.

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Q: When was California Franchise Tax Board created?
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Related questions

Can the California franchise tax board garnish your ssi?

no they cannot


Who do you make a check out for your state taxes in California?

"Franchise tax board"


What can one find on the California franchise tax board website?

The California Franchise Tax Board website contains information relating to personal and corporate income tax in California. It offers filing information, tax rates, the ability to pay online, tax calculators and the ability to download various tax forms.


Can the franchise tax board levy unemployment benefits?

Yes


Can the the franchise tax board of ca garnish your wages for a traffic ticket?

Yes they can an will


Where do you mail your state taxes in California?

Make the check out to Franchise Tax Board. For Individual tax payments, mail to: PO Box 942867, Sacramento, CA 94267-0001 For Business tax payments, mail to: PO Box 942857, Sacramento, CA 94257-0001


What are the main duties of a key data operator?

in Data System 5yrs In Franchise Tax Board 4yr temporary In Board of Equalization 5yrs


Can you claim as a dependent on your California state income tax return a disabled non-relative housemate if you provide the majority of their care?

Yes. For California tax purposes, a Qualifying Person as a dependent is either a Qualifying Child or a Qualifying Relative. You can claim a non-relative housemate as a Qualifying Relative dependent on your California income tax return. The IRS allows you to claim Head of Household status for a non-relative Qualifying Relative.But blood relationship is required for Head of Household status on a California income tax return. So you might be able to file Head of Household on your federal tax return but your status would be Single on your California tax return.For more information on individual tax returns, go to the California Franchise Board website at www.ftb.ca.gov/individuals. You also can contact the Tax Board at 1-800-852-5711.


What are the typical franchise tax fees in California?

A franchise tax is a government tax charged by individual U.S. states to corporations, limited liability companies and partnerships that have nexus in the state. The franchise fees are based on the net worth or capital held by the entity. In essence, the franchise tax charges corporations for the privilege of doing business in that state.In the state of California, franchise taxes are known as LLC taxes, and they have a minimum tax amount of $800. The franchise tax in California applies to limited liability companies, S corporations, limited partnerships, traditional corporations, and limited liability partnerships.In general the S corporations franchise tax in 1.5 percent of the net income with a minimum tax of $800. For standard limited liability companies, the franchise tax is rather a flat fee than a percentage, and it varies on total income or gross income, as follow:Gross income from $250,000 to $499,999 = $900 feeGross income from $500,000 to $999,999 = $2,500 fee + $800 LLC taxGross income from $1,000,000 to $4,999,999 = $6,000 fee + $800 LLC taxGross income from $5,000,000 or more + $11,790 fee + $800 LLC tax


Where can I learn more about a franchise tax?

A franchise tax is the tax that is imposed on people who own a franchise like McDonalds. Further information can be found at www.irs.gov/businesses/.


Where can one find information about sales tax in California?

You can find information about California sales tax in the website of California State Board of Equalization. You can find information on the dates they last checked.


How do you file a federal income tax return without a program?

Tax returns in the United States are reports filed with the Internal Revenue Service (IRS) or with the state or local tax collection agency (California Franchise Tax Board, for example) containing information used to calculate income tax or other taxes. Tax returns are generally prepared using forms prescribed by the IRS or other applicable taxing authority.