The “tax gap” is the difference between taxes owed and taxes paid to the State of California. The Sales and Use Tax – the largest tax administered by the Board of Equalization – has an estimated gap of approximately $2 billion dollars. The Board of Equalization is working to determine the best way to address this gap, and is actively seeking public input. See materials and public meeting schedules below for more information.

Materials:
Letter to Interested Parties
Interested Parties Meeting Agenda
Draft Strategic Tax Gap Plan
Status Report and Individual Tax Gap Projects

Planned Staff Meetings with Interested Parties:
Culver City
July 30, 2007, 1:00 p.m. to 4:00 p.m.
Board of Equalization, 5901 Green Valley Circle, Suite 200, Room 207

Sacramento
July 31, 2007 1:00 p.m. to 4:00 p.m.
Board of Equalization; 450 N Street, Room 121

To comment on the plan or offer other ideas on the tax gap you can email or write to Board of Equalization’s Tax Policy Division, MIC: 92, Sacramento, CA, 95814.