There’s a new kind of tax cheat in California.
Unscrupulous retailers are using “zapper” software that lets them remove cash transactions from their receipts to avoid paying taxes, costing the state an estimated $210 million annually.
“Unfortunately, sometimes the criminals are one step ahead of us in the use of technology,” Riverside County District Attorney Paul Zellerbach said at a Wednesday, Jan. 8, news conference that included state Board of Equalization Chairman Jerome E. Horton.
“Not since the days of Al Capone” has tax evasion been so pervasive, said Horton, who said California loses an estimated $8.5 billion in tax revenue annually to all kinds of illegal tax dodges, part of those spawned by a growing “underground economy,” he said.
Read the full news article here.
