| Tax |
Base or Measure |
Rate |
Administering Agency |
| Corporation Income or Bank and Corporation Franchise Tax |
Combined net income apportioned to California. |
8.84% |
Franchise Tax Board |
| Sales and Use Tax |
Receipts from sales or lease of taxable items. |
7.25-9.75% |
Board of Equalization |
| Property Tax |
100% of Assessed Valuation |
Avg. 1.1% |
Board of Equalization |
| Personal Income Tax |
Taxable personal income. |
1-12.3% |
Franchise Tax Board |
| Unemployment Insurance Tax (aka Payroll Tax) |
First $7,000 of wages per employee per year. |
max. 6.2% |
Employment Development Department |
| Disability Insurance (employee paid) |
First $104,378 of wages. |
0.9% |
Employment Development Department |
| Finished Goods, Raw Materials, and Inventory Tax |
NONE |
NONE |
NONE |
| Workers’ Compensation Insurance |
Per $100 of payroll. |
Varies based on job classification, workplace safety record, and insurance carrier. |
Department of Insurance, Department of Industrial Relations |
