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Franchise Tax Board Lists Top 250 Debtors

The Franchise Tax Board (FTB) today updated its list of California's 250 largest unpaid state income tax delinquencies.

State law requires FTB to post an annual list of the 250 largest state income tax debtors who owe more than $100,000. Earlier this year, FTB began mailing letters to individuals and businesses who met the criteria to be listed. To date, the FTB has collected more than $20 million in payments from taxpayers seeking to prevent their names from being publicly posted on this list. More than $56 million has been collected in this manner since the list was first posted in October 2007.

Taxpayers on the Top 250 list will be removed once the tax is paid or the taxpayer agrees to pay by an approved installment agreement. Tax liabilities under appeal, in litigation, in bankruptcy proceedings, or under consideration for an offer in compromise are not included on the list.

Individual taxpayers on the list can contact FTB at 866.418.3702 to resolve their accounts. Business taxpayers can call 866.914.5594.


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