Taxation
Ca. Tax Lawyer 2017, VOLUME 26, NUMBER 3
Content
- An Interview with the Indicted: the Unique Client Perspective
- Bar Business Taxation Section Overview
- Contents
- Form W-9 or W-8Ben? the Proper Classification of a Dual Resident Taxpayer for Purposes of Documenting Status with a Foreign Financial Institution Under the Foreign Account Tax Compliance Act
- Guidance Needed Regarding Federal Estate Taxation of Exchange Traded Funds Owned by Nonresident Aliens
- Masthead
- Message from the Chair
- Tax Procedure: California Should Conform to Federal Law and Allow Expedited Tentative Nol Refunds
- Taxation Section 2016-2017 Leadership Directory
- The Roots and Fruits of Section 6039G
- Visiting the Committees
- California Creates New Tax Departments; Limits Roles of Elected Tax Officials
California Creates New Tax Departments; Limits Roles of Elected Tax Officials
By Chris Micheli1
OVERVIEW
As part of the California state budget adopted on June 152 for the fiscal year that began on July 1,3 the Legislature and Governor stripped almost all authority from the State Board of Equalization (SBE)4 and transferred the SBE’s duties and responsibilities to two new state departments created on July 1, 2017. The SBE and its 5-member elected Board5 have been in existence for almost 140 years.6 There were other efforts to limit the scope of law changes to the SBE and California’s tax system, but those were unsuccessful.7 This bill is the most dramatic change in the California tax system in decades. It represents a significant weakening of an elected body most of whose duties are transferred to the executive branch.