Revenue Estimates
Insurance Tax

Higher estimated refunds reduced the insurance tax forecast by $54 million in 2006-07. Revenues for 2007-08 are reduced by $173 million to reflect the initial impact of a recent Board of Equalization ruling that the gross premiums tax insurers pay be calculated on a cash basis, rather than the accrual method used by the Department of Insurance.
image of backward arrow  
CHAPTER HIGHLIGHTS for Revenue Estimates Back to Top

 Personal Income Tax
 Sales and Use Tax
 Corporation Tax
image of black pointing arrowInsurance Tax
PRINTABLE BUDGET DOCUMENTS Back to Top
Revised Budget Summary - Revenue Estimates (pdf * - 30K) -
Provides the entire Revenue Estimates Chapter in pdf format.
ADDITIONAL INFORMATION Back to Top
Proposed Budget Summary - Revenue Estimates (January 2007)
Displays Proposed Budget Summary information for Revenue Estimates.
ADDITIONAL INFORMATION Back to Top
Board of Equalization
This site provides information about taxes levied on property, sales, fuel, cigarettes, and alcoholic beverages. The Board prepares an annual report which can be located using that site's search function.
Franchise Tax Board
This site provides information about taxes levied on personal income and on corporations. The Board prepares an annual report which can be located using that site's search function.
Tax Expenditure Report
The Department of Finance annually updates this report on major tax exemptions, exclusions, and credits. This report is posted on Finance's website within the "Financial and Economic Data" page.