ACCOUNTING FOR SALES AND USE TAX - 8487
(Revised and renumbered from 8725, 8733)
Sales tax will be accounted for within the appropriation available for State operations at the time of sale. The sales tax billed or collected amount (accrual basis) is calculated at the end of each reporting period (i.e., monthly, quarterly, or yearly). Payment for the amount of sales tax liability computed on the sales and use tax return will be made to the California Department of Tax and Administration (CDTFA).Use tax paid to the CDTFA for items purchased from support appropriations will be accounted for in the same appropriation as that from which the item was purchased.
No Revisions for this item.