Laws, Regulations & Annotations

Business Taxes Law Guide – Revision 2013
 

Sales And Use Tax Law

CHAPTER 8. ADMINISTRATION

Article 2.5. Managed Audit Program*

Section 7076.5

7076.5. Repeal of article. [Repealed by Stats. 2008, Ch. 306 (AB 3079, effective January 1, 2009.]

History.—Added by Stats. 2003, Ch. 87 (AB 1043), in effect January 1, 2004.

Note.—Section 2 of Stats. 2003, Ch. 87 (AB 1043) requires the Board, on or before January 1, 2008, to report to the Legislature regarding the managed audit program as of June 30, 2007, and requires the report contain all of the following:

(a) The amount of taxes, penalties, and interest payments collected from taxpayers that participated in the managed audit program.

(b) The amount of interest that was forgiven as a result of the managed audit program.

(c) The amount of taxes, penalties, and interest payments that was collected as a result of redirecting the board's auditing resources away from taxpayers participating in the managed audit program toward audits of other taxpayers with outstanding sales and use tax liabilities.

(d) Board recommendations for improving the success of the managed audit program.

* Article 2.5 was added by Stats. 2003, Ch. 87 (AB 1043), in effect January 1, 2004.