YubaNet.com
Monday, November 24 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

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

Consumer Watchdog Praises European Parliament's Call To Break Up Google

Thanksgiving Travel Shoots Up

Op-Ed: Sally Miller: Wilderness advocates applaud BLM's denial of solar project in California's Silurian Valley

Consumer Watchdog Asks California Supreme Court To Overturn Cap on Medical Malpractice Damages

Northern California Reps. Statement on Senator Feinstein Pulling Deeply-Flawed Water Bill

AG Harris Announces $23.8 Million Settlement with AT&T for Environmental Violations

Requiring Parents to Do Unpaid Work at Charter Schools Is Unconstitutional and Inequitable

New tool helps Californians clear their juvenile records


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