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BOE special-tax teams extend filing deadlines for wildfire-affected alcohol licensees; insurance tax on track
Summary
BOE special tax staff said alcoholic beverage tax filers in affected areas received an automatic 90-day extension after the governor’s state-of-emergency proclamation; tax-on-insurers accounts remain highly compliant and revenues for FY24-25 are above forecast per the Department of Finance bulletin.
Lede: Laura Williams, BOE technical advisor for special-tax programs, told the board the agency leveraged post-COVID statutory changes to automatically extend due dates for alcoholic beverage tax filers in governor-declared emergency areas, and that tax-on-insurers revenues for FY24-25 were running above forecast.
Nut graf: Williams said the alcoholic beverage tax (ABT) quarterly January 31 returns for impacted…
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