Get Compliance Manual Chapter 6 - California State Board Of Equalization - Boe Ca

In 1879, the California State Board of Equalization (BOE) was established under the California Constitution to regulate county assessment practices, equalize county assessment ratios, and assess properties of intercounty railroads.

The California Department of Tax and Fee Administration, or CDTFA, is now responsible for administering many of the taxes formerly handled by the BOE, including sales and use, fuel and cigarette taxes.

Proposition 19, which narrowly passed by California voters in 2020, amended the state constitution and changed how property taxes are calculated for hundreds of San Diegans. Now, in many cases, if you are over the age of 55, you are able to keep your original tax rate on your home when you sell it and buy a new home.

There is no fee for obtaining a seller's permit in California. However, if you already owe back taxes, the state may request a security deposit to cover any taxes that could still be outstanding if the business closes.

A seller's permit is a state license that allows you to sell items at the wholesale or retail level and to issue resale certificates to suppliers. Issuing a resale certificate allows you to buy items you will sell in your business operations without paying amounts for tax to your suppliers.

If you fall into the category of businesses that plan to sell goods or products within the State of California, you will need to obtain a California Sales Tax Certificate Number (also called a Seller's Permit).

A seller's permit allows you to collect sales tax from customers and report those amounts to the state on a regular reporting period (either monthly, quarterly, or annual). There is no charge for a seller's permit, but security deposits are sometimes required.