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2008 Annual Report

Executive Officer’s Message

Thank you for your interest in the Franchise Tax Board’s 2008 Annual Report.

Due to the state’s current fiscal condition and a reduction in our department’s resources and staffing, we have had to make many difficult decisions regarding how best to apply our resources.

For the 2008 Annual Report, we determined that it was in the state’s best interest to forego publishing the full report, which includes general background content, including an overview of our programs, our mission and values, and other high-level information. Most of this information does not change significantly from year to year.

For this report, we focused our limited resources on providing you with the specific tax data that we know many of you rely on. You can find data tables and statistics you need on our tax statistics webpage.

A preview of the 2009 Annual Report

By summer 2010, the 2009 Annual Report will be available. We will be providing the 2009 Annual report in a new, web-based format that will better serve your needs. This transition provides easier navigation on our website to the information you need at a lower cost than previous years’ printed versions. We think you will like the new-and-improved 2009 Annual Report when it’s released this summer.

In the meantime, listed below are other links to information on our website that you may find useful. Thank you for bearing with us as we try to make the most of your taxpayer dollars while still providing you with excellent service.

Sincerely,

Selvi Stanislaus

Executive Officer

FRANCHISE TAX BOARD