California Franchise Tax Board

In 1879, California adopted its state constitution which among many other programs created the State Board of Equalization and the State Controller, which administered all tax programs. In 1929, the state legislature created the office of the Franchise Tax Commissioner to administer California's Bank and Corporation Franchise Tax Act. In 1950, California abolished the office of the Franchise Tax Commissioner and created the Franchise Tax Board as it exists today. The Executive Officers of the Franchise Tax Board have been: • John J. Campbell (1950–1963) • Martin Huff (1963–1979) • Gerald H. Goldberg (1980–2005) • Selvi Stanislaus (2006–present), the first woman to hold the post == Members ==

The three members of the Franchise Tax Board are the California State Controller, the Chair of the California State Board of Equalization, and the Director of the California Department of Finance. The State Controller and the Chair of the Board of Equalization are elected officials, while the Director of the Department of Finance is appointed by the Governor of California. The State Controller is elected to a four-year term, and the Director of the Department of Finance serves at the pleasure of the Governor, who is elected to a four-year term. The four members of the State Board of Equalization typically take a one-year turn acting as Chair during their four-year elected term. Notes == Tax programs ==

Personal income tax The FTB collects personal state income taxes. The FTB collects income taxes from California residents on their income from all sources. Meanwhile, non-residents are taxed on their California-based income. Corporate income tax The FTB levies a franchise tax on businesses for doing business in California. This position was overruled by the Office of Tax Appeals and the California Court of Appeal in 2017 and 2018. == Non-tax programs ==

The FTB also collects delinquent vehicle registration debt collections on behalf of the California Department of Motor Vehicles and delinquent court ordered debt. The FTB also does financial audits of certain candidates for state office, ballot proposition committees, and lobbyists, according to a random selection process by the California Fair Political Practices Commission. == See also ==