Downey company owes $18.3M in taxes

DOWNEY - Downey-based California Target Enterprises continues to top the state's list of the largest sales tax delinquents, according to an updated list released by the State Board of Equalization last week.The company, formerly based at 12739 Lakewood Blvd., allegedly owes $18.3 million in back taxes. A lien was placed on the company in 2002. The BOE has been posting online a list of the largest 250 tax delinquencies since 2007, after notifying debtors that their tax liabilities will be disclosed to the public. Publishing the list helps the state recover outstanding taxes, officials said.

********** Published: September 08, 2011 - Volume 10 - Issue 21