AB 2854 (Irwin) requires cities with sales tax sharing agreements with any type of retailer - online or brick and mortar - that result in a rebated amount of Bradley-Burns Local Sales and Use Tax to report the following information to the California Department of Tax and Fee Administration (CDTFA) and post to the local agency's website by April 30 of each year.
The name of any parties to the agreement.
The total dollar amount of rebated sales and use tax revenues received by each part on or after the execution of the agreement through and including June 30 of the fiscal year immediately preceding the date of the report.
The total dollar amount of rebated sales and use tax revenues received by each part to the agreement during the fiscal year immediately preceding the date of the report.
When the agreement was first executed and when it terminated or will terminate, absent any renewal.
The percentage of a retailer's sales and use taxes, if any, used to calculate or determine the rebated sales and use tax revenues received by each party to the agreement.
The percentage of a retailer's sales and use taxes, if any, used to calculate or determine te rebated sales and use tax revenues received by any other person who is not a party to the agreement.
