We hope you are getting through tax season with flying colors. Since we received an email with new Board of Equalization (BOE) Updates - April 2013, we thought our readers would find it helpful. This includes information on Sales and Use Taxes along wtih filing deadlines since those are quickly approaching.
A great place to start is the CA Board of Equalization (BOE) at http://www.boe.ca.gov/. Below you will find an excerpt on Use Tax Basics, filing due dates, and links to news releases and other BOE information. There is a plethora of information online.
Use Tax Basics: California's sales tax generally applies to the sale of merchandise, including vehicles, in the state. California's use tax applies to the use, storage, or other consumption of those same kinds of items in the state. Generally, if sales tax would apply when you buy physical merchandise in California, use tax applies when you make a similar purchase without tax from a business located outside the state. For example, you would owe use tax when:
- You purchase something from a mail order catalog, the Internet, an online auction, television shopping network, etc. located outside California and you don't pay tax to that retailer.
- You withdraw taxable merchandise from your business's resale inventory and use it for your personal or business use.
- You purchase vehicles, vessels, mobile homes, and aircraft from sellers who do not hold seller's permits.
Excerpt taken from the CA State Board of Equalization http://www.boe.ca.gov/taxprograms/usetax/
Sales and Use Taxes Filing Due Dates
April 15, 2013
· Yearly Returns for Qualified Purchasers and Consumer Use Tax Accounts
April 30, 2013
· March tax return (for accounts on a monthly reporting basis)
· First quarter tax return (for accounts on a quarterly or quarterly prepayment reporting basis)
News Releases
· Free Costa Mesa Tax Seminar for Nonprofit Organizations
· BOE Reminds Taxpayers it’s Easy to Pay Use Tax
· Free Income Tax Return Preparation at VITA Locations in Ventura County
· BOE Working with CAL FIRE on Fire Prevention Fee Billing Schedule
· BOE Notifying California Retailers of Upcoming Visits
· Relief Available for Tax and Feepayers Affected by San Mateo County Rainstorm
Special Notices
· Notice for Mobile Sellers of Cigarette and Tobacco Products
Latest Industry Resources
· California Lumber Products Assessment Information (Updated January 23, 2013)
Other BOE Items
· We have made it easy to pay use tax
· California Use Tax Information
