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Posted by: Lea_Marie_C_Paar on 05/29/2014 06:03 PM Updated by: Lea_Marie_C_Paar on 05/29/2014 06:05 PM
Expires: 01/01/2019 12:00 AM
:



Counterfeiters Beware - Bill to Tax Dealers in Bogus Goods Clears Assembly

Sacramento – Board of Equalization Chairman Jerome E. Horton today announced that BOE-sponsored legislation to crack down on large-scale counterfeit goods suppliers has overcome another legislative hurdle. Assembly Bill 2681 moved off the Assembly floor today. “Right now, if our investigators find a huge warehouse full of unstamped cigarettes, the law allows us to pursue the wholesaler for the unpaid cigarette excise tax,” said Chairman Horton. “If we find a similar warehouse filled with knock-off designer shoes or purses, we can’t go after the wholesaler for the sales tax on these items, but AB 2681 makes it lawful for us to do just that.”...


Board of Equalization Chairman Jerome E. Horton today announced that BOE-sponsored legislation to crack down on large-scale counterfeit goods suppliers has overcome another legislative hurdle. Assembly Bill 2681 moved off the Assembly floor today.

“Right now, if our investigators find a huge warehouse full of unstamped cigarettes, the law allows us to pursue the wholesaler for the unpaid cigarette excise tax,” said Chairman Horton. “If we find a similar warehouse filled with knock-off designer shoes or purses, we can’t go after the wholesaler for the sales tax on these items, but AB 2681 makes it lawful for us to do just that.”

If AB 2681 passes the Senate and is signed by the Governor, it will enable the state to impose sales tax on those convicted of trafficking in counterfeit goods at the wholesale level. Under current law, suppliers of counterfeit goods are able to avoid paying taxes, claiming their items are being sold to retailers who are then charged with collecting and paying taxes on sales to the BOE. This legislation will make them liable for the sales tax.

* * * *

Elected in 2010, Chairman Jerome E. Horton is the Fourth District Member of the California State Board of Equalization, representing more than 8.5 million residents in Los Angeles County. He is also the Board of Equalization’s Legislative Committee Chairman. He is the first to serve on the Board of Equalization with over 21 years of experience at the BOE. Horton previously served as an Assembly Member of the California State Assembly from 2000-2006.

The five-member California State Board of Equalization is a publicly elected tax board. The Board of Equalization collects more than $56 billion annually in taxes and fees supporting state and local government services. It hears business tax appeals, acts as the appellate body for franchise and personal income tax appeals, and serves a significant role in the assessment and administration of property taxes. For more information on other taxes and fees in California, visit www.taxes.ca.gov.



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So the gov want's their cut from the criminals??
Posted on: 2014-05-30 14:42:08   By: Anonymous
 
First of all, rule #1 never trust a politician.
Yea they claim they are there for you, they promise you free stuff (actually stolen from someone/something else), etc.
Politicians are in office for them self and only them self alone. Everything is to directly profit and, or, increase their political power.

You always have to read the fine print to see for whom and for what a bill is for. And all the unrelated things that tack on to bills.

Already selling counterfeit goods are illegal.
It's already felony fraud.
So wow about just catch the people selling this stuff at all levels and throw them in jail?

For that matter how about stop all this cheap Chinese (where it usually comes from) junk from entering the country to begin with?

What's he's saying is the gov should get it's cut of illegal goods trafficking by charging taxes on it.
Does this make any sense to any sane human being?
Wouldn't this almost make the gov criminal (the irony) being part of a criminal organization?

And okay Uncle Sam this passes and now you are getting more income, does this mean the gov will drop my taxes accordingly?
No of course not, it will actually raise your taxes as they will hire more people to persue this.

It's just more money to feed into an ever growing, self entitled, over bearing - over spending, monopoly driven, treasonous, insolvent, and stealing beast of a government that we have now..

Like anything "so simple" a politician tells you, it never is..and you are going to pay for it. Vote NO on this, I want to keep at least some of the money I earn.


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