Franchise Tax Board
https://www.ftb.ca.gov/
The California Franchise Tax Board (FTB) is the state's primary agency for administering personal income and corporate taxes. It plays a crucial role in funding public services by ensuring taxpayers file accurate returns and pay the correct amounts.
Core Responsibilities
Personal Income Tax: The FTB collects state income taxes from California residents on income from all sources and from non-residents on income derived within California. This tax is the state's largest revenue source, supporting infrastructure, education, and public safety.
Corporate Tax:
Businesses operating in California are subject to a minimum franchise tax of $800 annually, with certain exceptions for new corporations in their first year.
Non-Tax Programs:
The FTB also manages collections for delinquent vehicle registration fees and court-ordered debts on behalf of other state agencies.
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