Laws, Regulations and Annotations


Business Taxes Law Guide—Revision 2024

Lumber Products Assessment Regulations

Title 18. Public Revenues
Division 2. California Department of Tax and Fee Administration — Business Taxes (State Board of Equalization — Business Taxes — See Chapters 6 and 9.9)
Chapter 1.1. Lumber Products Assessment

Regulation 2001

Regulation 2001. Additional Allowed Retailer Reimbursement Retention.

Reference: Section 4629.5, Public Resources Code.

Beginning January 1, 2014, a retailer required to collect the Lumber Products Assessment may retain $485 per location, in addition to the $250 allowed by Regulation 2000, as reimbursement for startup costs associated with the collection of the assessment. Such reimbursement is to be taken on the retailer’s first return after January 1, 2014, on which the Lumber Products Assessment is reported, or if the amount of the collected assessment is less than the allowed reimbursement, on the retailer’s next consecutive returns until the allowed reimbursement amount is retained. If the retailer no longer sells products subject to the assessment, the retailer may file a claim for refund for assessment amounts paid in 2013 up to $485.

"Location" means and is limited to a business location registered under the retailer’s seller’s permit as of January 1, 2013, where sales of products subject to the assessment are made.

History— Adopted September 10, 2013, effective January 1, 2014.