1 BEFORE THE CALIFORNIA STATE BOARD OF EQUALIZATION 2 450 N STREET 3 SACRAMENTO, CALIFORNIA 4 5 6 7 8 REPORTER'S TRANSCRIPT 9 MAY 24, 2016 10 11 12 13 14 15 FINAL ACTIONS 16 17 18 19 20 21 22 23 24 25 26 27 REPORTED BY: Kathleen Skidgel 28 CSR NO. 9039 1 1 P R E S E N T 2 3 For the Board of Equalization: Fiona Ma, CPA 4 Chairwoman 5 Diane L. Harkey Vice Chair 6 Jerome E. Horton 7 Member 8 Sen. George Runner (Ret.) Member 9 Yvette Stowers 10 Appearing for Betty T. Yee, State Controller 11 (per Government Code Section 7.9) 12 Joann Richmond 13 Chief Board Proceedings 14 Division 15 For Board of 16 Equalization Staff: Lou Ambrose Tax Counsel IV 17 Legal Department 18 Grant Thompson Tax Counsel IV 19 Legal Department 20 ---oOo--- 21 22 23 24 25 26 27 28 2 1 450 N STREET 2 SACRAMENTO, CALIFORNIA 3 MAY 24, 2016 4 ---oOo--- 5 MS. MA: Ms. Richmond. 6 MS. RICHMOND: That concludes our Tax 7 Program Nonappearance matters. 8 Next are those items that were taken under 9 submission. Our first item is B1 Gregory Wimmer. 10 ---oOo--- 11 ITEM B1 12 GREGORY WIMMER 13 NO. 842007 14 ---oOo--- 15 MS. MA: Okay. Gregory Wimmer. 16 MS. HARKEY: Sustain the FTB. 17 MR. RUNNER: Which item? 18 MS. STOWERS: Second. 19 MS. HARKEY: Wimmer. The CPA. 20 MR. RUNNER: Oh. Yeah. 21 MS. MA: Ms. Harkey moves -- Ms. Stowers 22 seconds -- to sustain the Franchise Tax Board. 23 Without objection, motion carries. 24 ---oOo--- 25 26 27 28 3 1 MS. MA: Next item, Ms. Richmond. 2 MS. RICHMOND: Our next item is B4 Frank 3 Schine and Stephanie Schine. 4 ---oOo--- 5 ITEM B4 6 FRANK SCHINE and STEPHANIE SCHINE 7 NO. 791858 8 ---oOo--- 9 MS. MA: Oh. So what happened? Did they 10 all leave? 11 MR. AMBROSE: They resolved it, and they've 12 withdrawn the petition. 13 MS. MA: And they what? 14 MR. AMBROSE: They've resolved it and 15 withdrawn the appeal. So FTB reduced the tax to 16 $289 and interest of 64.09, and they've signed the 17 agreement. 18 MS. HARKEY: Everybody's happy. 19 MS. STOWERS: Very good. 20 MS. MA: Okay. So -- 21 MR. RUNNER: They went home happy. 22 MS. MA: -- do I need to make an 23 announcement about that, or you've made the 24 announcement? 25 MR. AMBROSE: We -- we'll -- we'll send out 26 a letter. 27 MR. THOMPSON: I think it will be dismissed 28 in accordance with the agreement of the parties. 4 1 MS. MA: Okay, great. Good. 2 MS. HARKEY: Move to support staff 3 recommendation. 4 MS. MA: Okay. Move to support staff 5 recommendation by Ms. Harkey. Seconded -- 6 MR. RUNNER: No, they withdrew. 7 MR. AMBROSE: It's withdrawn. 8 MS. MA: Oh, it's withdrawn. Okay, fine. 9 MR. HORTON: Members. 10 MS. MA: Okay, done. 11 ---oOo--- 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 5 1 REPORTER'S CERTIFICATE 2 3 State of California ) 4 ) ss 5 County of Sacramento ) 6 7 I, Kathleen Skidgel, Hearing Reporter for 8 the California State Board of Equalization certify 9 that on May 24, 2016 I recorded verbatim, in 10 shorthand, to the best of my ability, the 11 proceedings in the above-entitled hearing; that I 12 transcribed the shorthand writing into typewriting; 13 and that the preceding pages 1 through 5 constitute 14 a complete and accurate transcription of the 15 shorthand writing. 16 17 Dated: May 26, 2016 18 19 20 ____________________________ 21 KATHLEEN SKIDGEL, CSR #9039 22 Hearing Reporter 23 24 25 26 27 28 6