State Of California Franchise Tax Board. California imposes a minimum franchise tax on all business entities in the state. The board is composed of the california state controller, the director of the california department of finance.

Each year, the ftb issues millions of refunds collectively amounting to billions.

In 1950, california abolished the office of the franchise tax commissioner and created today's franchise tax board.how the franchise tax board serves the state of californiathe california franchise tax board is responsible for administering two of california's major tax programs. State of california franchise tax board. The franchise tax board administers the personal income tax and business income tax. Each year, the ftb issues millions of refunds collectively amounting to billions. The undersigned certify that, as of june 22, 2019, the internet website of the franchise tax board is designed, developed and maintained to be in compliance with california government code sections 7405 and. Taxpayers with lower earnings pay less in taxes while those with higher earnings will. With personal income tax supplying the majority of the state's revenue for citizen services, california franchise tax board (ca ftb) needed to close a tax gap between what citizens owed and what they voluntarily paid in their returns. California's income tax system differs from the federal tax system in several ways. State taxes & business statutes. The court overruled nevada v. The board is composed of the california state controller, the director of the california department of finance.