BOE

BOE Considers Lowering Gasoline Excise Tax Rate for Third Year in a Row

The California State Board of Equalization (BOE) will consider lowering the excise tax rate for gasoline by 2.2 cents for Fiscal Year (FY) 2016-17 during its February 23, 2016 meeting in Culver City. If adopted, the excise tax rate on gas will be 27.8 cents per gallon from July 1, 2016 through June 30, 2017. The current excise tax rate of 30 cents per gallon remains in effect until June 30, 2016. California drivers pay two types of state taxes on gas: sales tax, which is a percentage of the price and a per-gallon excise tax. Before AB x8 6

State Supreme Court Denies BOE Petition in Lucent Sales and Use Tax Case

Board of Equalization Chairman Jerome E. Horton announces that the California Supreme Court denied the Board of Equalization’s Petition for Review in the Lucent Technologies, Inc. and AT&T Corp. v. State Board of Equalization (Lucent) sales and use tax case decided on January 20, 2016.  The State could owe refunds to almost 900 technology companies with claims held in abeyance as a result of the Supreme Court Ruling in the case. The BOE’s petition followed the Second District Court of Appeal’s decision on October 8, 2015, affirming the trial court’s judgment in favor of plaintiffs AT&T Corp. and Lucent Technologies,