The Board of Equalization posted its fourth quarter 2010 list of the 250 most delinquent taxpayers. The BOE collects sales and use tax in California. (Now, if you’re asking me how the fourth quarter results can be posted at the end of November, well, I can’t answer that question. It’s likely the New Math.)
The BOE’s news release notes the newest 22 (or should that be bottom 22) tax delinquents. Sizzler restaurants are apparently having trouble remitting sales taxes, as several franchisees are shown with large dollar balances. The largest balance is from 2002, and is from California Target Enterprises, Inc. of Downey; they owe $18.1 million. It took a balance of $646,587 to make the list: Mira Loma Marine Commander Boats of Huntington Beach is shown owing that amount.
To date, $4.1 million has been collected through this program, with another $27 million to be paid through installment agreements. Unfortunately, there’s a total of $393 million owed by the 250 on the list so there’s definitely a way to go.