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The cakes developed by daughter Teresita Moran are what gave Red Ribbon its prominence in the dessert market of the Philippines. In 1984, it opened its first overseas outlet in West Covina, California. [3] The company began franchising in 1999.
The California Department of Tax and Fee Administration (CDTFA) is the public agency charged with assessing and collecting sales and use taxes, as well as a variety of excise fees and taxes, for the U.S. state of California. The department has several other ancillary functions, such as ensuring that sellers comply with permit requirements.
At 7.25%, California has the highest minimum statewide sales tax rate in the United States, [8] which can total up to 10.75% with local sales taxes included. [9]Sales and use taxes in California (state and local) are collected by the California Department of Tax and Fee Administration, whereas income and franchise taxes are collected by the Franchise Tax Board.
April 1 marked day one of California's new fast food minimum wage law, which raised the starting wage for restaurant employees in the state to $20 per hour — from $16 previously — for chains ...
Image source: Getty Images. When looking to become an entrepreneur, many first-timers consider buying a franchise. And that makes sense. Buying a franchise can be a big hit to your checking ...
The State of California Franchise Tax Board (FTB) explained on its website that if you are eligible, you will automatically receive a payment — which is expected to be issued between October ...
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