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Article: State Controller Steve Westly Announces California's Tax Amnesty Starts Today.
- Article from:
- Business Wire
- Article date:
- February 1, 2005
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SACRAMENTO, Calif. -- California is counting on eligible taxpayers to participate in a tax amnesty program that runs from February 1 through March 31, 2005, according to the Franchise Tax Board (FTB) and the Board of Equalization (BOE).
"We're giving Californians a one-time chance to pay their past taxes without financial penalties," said State Controller and FTB Chair Steve Westly. "People and businesses can do the right thing by coming forward to take part in the amnesty program."
Tax amnesty legislation contained in the state budget came out of an earlier bill introduced by Assemblymember Judy Chu (D-Monterey Park) and cosponsored by State Controller ...