THE PENALTY PHASE
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Nearly 16,000 Orange County individuals and businesses have been notified by the state Franchise Tax Board that they were required to, but did not, file a state tax return in 1988. The total assessments, as well as the dollar amount, for the five-county region were as follows:
Number of Dollar amount County Assessments of taxes assessed Los Angeles 54,590 $120,061,160 Orange 15,946 40,706,608 San Diego 14,037 28,090,140 San Bernardino 7,835 14,375,547 Riverside 6,598 13,235,240 FIVE-COUNTY TOTAL 99,006 $216,468,695 FIVE-COUNTY AVERAGE 19,801 $ 43,293,739
Source: California Franchise Tax Board
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