|State moves to streamline mobile food vendors’ pricing
The California State Board of Equalization (BOE) acted to streamline pricing for mobile food vendors by changing a regulation to presume that sales tax is included in the listed price of the food. Vendors still must remit to the state on taxable sales.
Right now, food truck operators must post signs stating that tax is included in the listed price. Many do not, resulting in confusion on the amount of tax to charge customers when sales are made.
This new regulation will allow food truck operators to charge the same price no matter where they are and later calculate how much tax they owe for the locations where the sales were made.
It is expected to become effective July 1, 2014.