RESOLUTION NO.
A RESOLUTION OF THE PASADENA CITY COUNCIL APPROVING
AGREEMENT WITH THE FRANCHISE TAX BOARD TO EXCHANGE TAX
DATA SPECIFIC TO BUSINESS LICENSE INFORMATION FOR TAX
ADMINISTRATION PURPOSES
WHEREAS, California Revenue & Taxation Code Section 19551.1 authorizes a reciprocal agreement for the exchange of Pasadena business license tax and sales tax information between the parties; WHEREAS, entering into a reciprocal agreement with the Franchise Tax Board can help identify local businesses that are not in compliance with Pasadena business license requirements, allowing the City to enforce compliance and capture otherwise lost revenues: and
WHEREAS, the term of Agreement no. 96228 with the Franchise Tax Board will be from the date of approval to December 31,2026.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Pasadena, California that the City Manager be and is hereby authorized to enter into Agreement no. 96228 with the Franchise Tax Board to allow for reciprocal exchange of tax data specific to Pasadena business license information for tax administration purposes.
JNR/smm
11/2/2023
# UOLVBVZQOD2645
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Adopted at the
day of_, 2023 by the following vote:
meeting of the City Council on the
AYES:
NOES:
ABSENT:
ABSTAIN:
Mark Jomsky, CMC
City Clerk
Approved a^-krfprm:
J^van N. F^d
Chief As^stantJSfty Attorney
JNR/smm
11/2/2023
# UOLVBVZQOD2645