California Board of Equalization
About the California Board of Equalization
For more than 100 years, the California State Board of Equalization has administered taxes for the State of California. Today the California State Board of Equalization agency administers 29 tax programs, which in fiscal year 2003-04 resulted in $44.46 billion in revenue for California's state and local governments.
More than one million businesses in nearly every field of commercial activity are registered with the Board. The taxes they pay support schools, hospitals, police, roads, and a host of other essential services.
Members of the Board of Equalization
The Board of Equalization is directed by a five-Member elected Board.
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Four Members are elected directly from legislatively defined districts within the state and serve four-year terms.
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The fifth Member, the State Controller, is elected at large.
The California State Board of Equalization 's mission is to serve the public through fair, effective, and efficient tax administration.
The California State Board of Equalization acts in a quasi-judicial capacity as the appellate body for appeals from various business tax assessments, Franchise Tax Board actions, and public utility assessments. In its administrative capacity, the California State Board of Equalization issues rules and regulations. It also establishes the values of utilities for tax purposes, sets the tax rate under various tax laws, and oversees the assessment practices of the state's 58 county assessors.
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