Fri11282014

News

Local resident among top delinquent taxpayers

The Franchise Tax Board’s list of Top 500 Delinquent Taxpayers includes one local resident.

Antonio J. Casamento of Los Altos, ranked 433rd on the list, owes the state $271,808.37, according to the tax board.

The Town Crier was unable to reach Casamento for comment.

CNET co-founder Halsey Minor and his wife, Shannon, of San Francisco topped the list at $10.5 million.

A new law requires the tax board to post a list of the 500 state income-tax debtors who owe more than $100,000 biannually.

According to a press release issued April 13, the Franchise Tax Board mailed letters to individuals and businesses eligible for the list in November and has collected more than $25 million from those seeking to pay their tax debt before their names were posted publicly. More than $118 million has been collected as a result of the list, first published in October 2007.

Taxpayers who resolve their cases are removed from the list, according to tax board officials.

For the complete list and more information, visit ftb.ca.gov.

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