Both for the taxes it administers and the taxes for which it serves as the appellate body for the Franchise Tax Board (FTB), the California State Board of Equalization (BOE) must publish and make available on its website decisions in which the amount in controversy is at least $500,000 within 120 days of the date upon which the BOE rendered its decision. In those instances, the BOE may issue a formal opinion, memorandum opinion, or a summary decision. The formal opinions and the memorandum opinions are precedential.
A.B. 2323 , Laws 2012, effective January 1, 2013