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- Written by: Editor
BIGGS, Calif. – The California Cooperative Rice Research Foundation, the University of California, and the United States Department of Agriculture will hold the annual Rice Field Day on Wednesday, Aug. 31 at the Rice Experiment Station in Biggs.
Registration and poster viewing will begin at 7:30 a.m. and will be followed by the general meeting.
The business meeting will include reports by the chairman and treasurer of the California Cooperative Rice Research Foundation, the Rice Research Trust, and the California Rice Research Board.
It will conclude with the presentation of the D. Marlin Brandon Rice Research Fellowship and the California Rice Industry Award.
From 9:30 a.m. to noon, field tours will be conducted of the research nurseries focusing on breeding, disease resistance, weed control and entomology.
The tours will be followed by a luncheon at noon.
There is no charge for this event.
The Rice Experiment Station is located 2.5 miles west of Highway 99 on Highway 162 towards Butte City.
Further information can be obtained at www.plantsciences.ucdavis.edu/ricestation/ or by calling the Rice Experiment Station at 530-868-5481.
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- Written by: Editor
The intent of the table is to make it more convenient for taxpayers not registered with the BOE to comply with their use tax obligations by giving taxpayers the option to report their estimated use tax liabilities, determined from a use tax table, instead of calculating and reporting their actual unpaid use tax liabilities.
The board is now required under provisions of a new law to annually calculate the estimated amount of use tax due based on a person's California adjusted gross income (AGI).
SB 86 (Ch. 14, Stats. 2011) requires the BOE to provide the amounts in the form of a use tax table to the Franchise Tax Board (FTB) by July 30 of each calendar year, beginning this year.
The FTB provides the Use Tax Look-Up Table as part of the California income tax return instructions beginning in calendar year 2011.
On Tuesday the board approved the 2011 Use Tax Look-Up Table as follows:
Adjusted Gross Income (AGI) – Use Tax Liability
less than $20,000 – $7
$200,00 to $39,999 – $21
$40,000 to $59,999 – $35
$60,000 to $79,999 – $49
$80,000 to $99,999 – $63
$100,000 to $149,999 – $88
$150,000 to $199,999 – $123
More than $199,999 – Multiply AGI by 0.070%
This Use Tax Look-Up Table is estimated to result in additional revenues of $10.6 million in 2011-12 and annually thereafter, $6.5 million of which is General Fund. The remainder will go to local governments.
The use tax, the counterpart to the sales tax, has been the law since 1935.
Use tax is owed on purchases made out-of-state when the tax was not collected by a registered retailer.
Use tax is generally due on purchases made through mail-order or Internet retailers.
Individuals who owe use tax may pay the tax directly to the BOE or declare and pay the tax through the state income tax return by using the use tax line provided on the return.
For more information on other taxes and fees in California, visit www.taxes.ca.gov.
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The meeting will be held at a new location, the clubhouse at the entrance of 1800 S. Main St.
Both members and nonmembers are welcome.
Social hour will begin at 5:30 p.m. with a no-host wine and beer bar and complimentary light appetizers.
The program will take place from 6:30 p.m. to 7 p.m., and will include the Business of the Quarter Award.
The association's 2011-12 goals and projects also will be discussed. Find out what's in store for downtown Lakeport in the next 12 months.
RSVP is appreciated. Call 707-263-8843 or e-mail
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- Written by: California Board of Equalization
Thus Amazon, who has refused to comply with the new law, could still have a competitive tax advantage over California-based companies.
“Although the new law applies to certain out-of-state Internet companies selling to California consumers, the law does not automatically require every Internet company 'engaged in business in California' to collect district use taxes,” said Horton. “Amazon could still avoid collecting and paying the district use taxes on California consumers’ purchases.”
For example, Internet company X makes an Internet sale to Mr. Smith and ships the merchandise from outside of California to his residence in the city of Inglewood via common carrier.
As long as Internet company X is not "engaged in business" in the districts where Mr. Smith’s residence is located (the city of Inglewood and the county of Los Angeles), then Internet company X is not required to collect district tax from Mr. Smith and only has to collect the cumulative state and local use tax rate of 7.25 percent, for the merchandise it ships to Mr. Smith in Inglewood.
However, if Mr. Smith made that same purchase from a brick-and-mortar store located in the city of Inglewood, then the applicable cumulative state, local, and district tax rate would be 9.25 percent, including cumulative district taxes of 2 percent.
In the city of Inglewood, that is a 2 percent (cumulative district taxes) advantage. Furthermore, that 2 percent may be Mr. Smith's liability.
In this example, Internet company X is not obligated to collect the district taxes since it is not engaged in business in the city of Inglewood or the county of Los Angeles. This gives the out-of-state retailer a 2 percent tax advantage and allows it to appear to sell their products for 2 percent less than the Inglewood store.
Elected in 2010, Chairman Jerome E. Horton is the Fourth District member of the California State Board of Equalization, representing more than 8.5 million residents in Los Angeles County. He is also the Board of Equalization Legislative Committee chairman. He is the first to serve on the Board of Equalization with over 21 years of experience at the BOE. Horton previously served as an Assembly Member of the California State Assembly from 2000-2006.
The five-member California State Board of Equalization is a publicly elected tax board. The Board of Equalization collects more than $48 billion annually in taxes and fees supporting state and local government services. It hears business tax appeals, acts as the appellate body for franchise and personal income tax appeals, and serves a significant role in the assessment and administration of property taxes.
For more information on other taxes and fees in California, visit www.taxes.ca.gov.