State’s Top 500 Tax Delinquencies Total $266 Million

Sacramento – The Franchise Tax Board (FTB) today published its newest Top 500 Delinquent Taxpayers list, which includes individuals and businesses that collectively owe the state more than $266 million in income tax. In February, FTB sent letters to taxpayers scheduled to appear on the list. 101 made arrangements to pay. Another 316 individuals and 83 businesses did not, resulting in their inclusion on the list. The Top 500 list is published in April and in October. Since the list’s inception in October 2007, FTB has collected more than $507 million from delinquent taxpayers through the program.