Form Ftb 7265bc - Corporation Collections Information - State Of California Franchise Tax Board


Alternatives to Collection Actions
If you contact us, you can prevent collection actions by doing
any of the following:
• Paying your entity’s tax liability in full.
• Making arrangements to pay or file at a later date.
• Filing any required entity returns or providing proof that no
FTB 7265BC
return is due.
• Making an offer in compromise that we accept.
Offer in Compromise
We provide an Offer in Compromise program for entities that
cannot pay their unpaid liability. The program allows you to
offer a lesser amount in payment of an undisputed final liability.
For more information regarding this program, go to our
Website at and search for: 4905BCT. The
search will take you to our Offer in Compromise booklet (FTB
Pub. 4905BCT). (R&TC Section 19443)
In this document, we refer to the California Revenue and
Laws Regarding Collection Actions
Taxation Code as R&TC.
Third Party Contacts
We may contact third parties to determine or collect your
entity's tax liabilities. To the extent the law allows, we will
provide you, upon your request, a list of individuals or
organizations we contacted during the 12-month period
One of our goals at the Franchise Tax Board is to make certain
following the date of the enclosed notice. We must receive your
we protect your rights. We want you to have the highest
request no later than 60 days after the 12-month period has
confidence in the integrity, efficiency, and fairness of our state
ended. (R&TC Section19504.7)
tax system. The California Taxpayers' Bill of Rights (FTB
Pub. 4058) includes information on your rights as a state
Payment Agreement Termination
taxpayer and how to request written tax advice from the
If we terminate your entity's promise to pay agreement, we will
Franchise Tax Board.
notify you in writing 30 days prior to the termination. (R&TC
You can order the California Taxpayers' Bill of Rights by:
Section 19008)
Tax Liens
PO BOX 942840
If we file a tax lien, you can get it released by paying the total
SACRAMENTO CA 94240-0040
tax liability (including any penalties and accrued interest) for
the tax years represented by the lien. We will record a
certificate of release in the office of the county recorder where
In keeping with the California Taxpayers' Bill of Rights, we have
we filed the tax lien and/or with the California Secretary of
a Taxpayer Advocate who reviews cases where taxpayers
State no later than 40 days after you pay the liability. If you pay
have been unable to resolve their problems with us through
by check, the 40-day period does not begin until your entity's
regular channels.
financial institution honors the check. (Government Code
You have the right to an independent administrative review if
Sections 7174(c)(1) and 7174(e)(1))
we levy your income or assets, or file a tax lien. You must
submit your request for review within 30 days of the date of the
Unfortunately, we sometimes file a tax lien in error. If this
levy notice or within 15 days of the date of the tax lien notice.
happens to your entity, please write to us and tell us why you
think we are wrong. If we agree with you, we will send a notice
You can contact the Taxpayer Advocate by:
to the applicable county recorder's office and to credit
reporting companies in that county stating that we filed the tax
PO BOX 157
lien in error. (R&TC Section 21019)
Bank, Wage, or Other Levies
(800) 883-5910
If we take your property and you believe our action is improper,
(916) 845-6614
you have the right to a hearing. At the hearing, you should
provide information that demonstrates to us the need to
change or withdraw our levy or stop the sale of your entity's
If we seize your entity's bank account in error, and you did not
contribute to that error, we may reimburse you for related bank
The California Taxpayers' Bill of Rights ensures that we
charges. You must file your reimbursement claim within 90
adequately protect the rights, privacy, and property of all
days of the levy. (R&TC Section 21018)
California taxpayers during the process of assessing and
collecting liabilities. The following information may be helpful to
The California Code of Civil Procedure Sections 700.010
you if we begin collection actions on your entity's tax liability.
through 704.995, and the California Revenue and Taxation
Code Sections 18670 and 18671 govern the seizure and sale
of real and personal property.
FTB 7265BC (REV 03-2006) SIDE 1


00 votes

Related Articles

Related forms

Related Categories

Parent category: Financial
Page of 3