Downey company tops list of tax evaders

DOWNEY - A Downey business continues to earn the dubious honor of being California's largest sales tax delinquent, according to a list published by the state's Board of Equalization on Monday.The company, which did business as Calif. Target Enterprises, Inc., allegedly owes the state more than $18.1 million in unpaid sales tax. A lien was filed against the company in 2002, records show. The state releases the names of sales tax scofflaws every year in an effort to collect payment, officials said. The board of Equalization replaced 11 names on its list of debtors this year. The list identifies the largest 250 tax delinquencies of more than $100,000. The taxpayers identified were notified 30 days before their names were added to the list, officials said. Also making the list is Downey Tex Co., a gas station that previously did business on Imperial Highway at Woodruff Avenue. The company allegedly owes more than $684,000 in unpaid sales tax.

********** Published: March 3, 2011 - Volume 9 - Issue 46