Sales and use tax: use tax: administration.

The Sales and Use Tax Law generally provides, for a transaction not subject to sales tax, that every person storing, using, or otherwise consuming in this state tangible personal property purchased from a retailer for storage, use, or other consumption in this state is liable for use tax, and must pay the use tax to the State Board of Equalization, unless that person has paid the use tax to a retailer registered to collect the tax. Existing law authorizes an eligible person to make an irrevocable election to report qualified use tax, as defined, on that person's income tax return. This bill, for reporting periods beginning on or after January 1, 2012, would specify that the qualified use tax of an eligible purchaser is due and payable to the board on or before April 15 following the close of the calendar year in which the liability for use tax was incurred.