YubaNet.com
Friday, November 28 2014

            We Deliver News to the Sierra
News Fire News spacer Latest News spacer Regional News spacer California News spacer USA News spacer World News spacer Op-Ed spacer Enviro News spacer Sci Tech News spacer Life spacer Odd News spacer Cartoons spacer
Features The Calendar features features Weather features Sierra NightSky features features features Road Conditions features Home spacer
CA
 

California Statewide Sales and Use Tax Rate Decreases by 1% July 1, 2011


    Google+    

By: California State Board of Equalization (BOE)

June 29, 2011 - The statewide sales and use tax rate will decrease from 8.25 percent to 7.25 percent on July 1, 2011, Senator George Runner, Second District Member of the California State Board of Equalization (BOE), announced today.

"A lower sales tax rate will put more dollars in Californians' pockets," said Senator Runner. "That's a good thing for folks who are struggling to pay their bills or find work, and it's a good thing for local business owners who could benefit from some increased customer spending. But even with this reduction, Californians will still pay the highest statewide sales tax rate in the nation."

The 1 percent decrease applies, generally, to all taxable transactions in California. In areas where voters have approved additional sales taxes, the total tax rate applied to purchases will be the statewide base tax rate of 7.25 percent, plus any applicable local sales tax. Retailers should check the BOE website, www.boe.ca.gov, for updates.

Part of a 2008-09 budget agreement, Assembly Bill x3 3 temporarily increased the General Fund portion of the sales and use tax rate by 1 percent in April of 2009, and will sunset on June 30, 2011.

The sales and use tax rate in California currently ranges from 8.25 percent to 10.75 percent, depending on whether additional regional voter-approved sales taxes apply. Beginning July 1, 2011, the range will be 7.25 percent to 9.75 percent.

 

Help us bring you more news. Be a real reader: Support YubaNet

By submitting a comment you consent to our rules. You must use your real first and last name, not a nickname or alias. A comment here is just like a letter to the editor or a post on Facebook. Thank you.

 

Latest Headlines

CA

Lawsuit Filed Against Mendocino County Over Contract with Rogue Federal Predator Control Program

California Supreme Court To Review Constitutionality of Medical Malpractice Damages Cap

Attorney General Kamala D. Harris Issues Consumer Alert on Scams Targeting Immigrants and their Families

Op-Ed: Reshma Shamasunder: Black Lives Matter

Consumer Watchdog: CA Medical Board Must Investigate Drug Company Payments to Doctors Prescribing Psychiatric Drugs To Foster Children

Jay Lund: How engineers see the water glass in California

Op-Ed: David Lamfrom: National Parks Group Applauds Lights Out Decision for Silurian Valley Solar Proposal

Hazards of Open Pits for Storing Wastewater From Fracking Is Focus of New Study

Executive action will increase safety for many domestic violence survivors across California


More

 

 

 

 

NEWS . Fire News . Latest . Regional . California . USA . World . Op-Ed . Enviro . Sci/Tech . Life . Odd News . Cartoons
FEATURES . The Calendar .Weather . Sierra NightSky. Road Conditions
YubaNet.com . Advertising. About Us . Support YubaNet . Contact Us . Terms of Use . Privacy

YubaNet.com © 1999-2014
Nevada City, California (530) 478-9600