Source: California State Board of Equalization
News
April 14, 2015
The California State Board of Equalization (BOE) released an estimate today indicating that California’s state and local governments may receive approximately $122.6 billion in new revenue if tax was collected on services that are currently non-taxable. Of that amount, $60.9 billion could go to the state, with $61.7 billion for city, county, and other local government entities. The estimate assumes a statewide average sales tax rate of 8.42 percent.
Report
http://www.boe.ca.gov/news/tsalescont11.htm
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