CA SB640

Allows customers to file claims for refund of excess sales tax reimbursement paid to a person, provided the refund amount is $1,000 or more and represents excess tax collected by a single person from a single customer.

Requires the State Board of Equalization to credit excess amounts against any taxes owed by the person who collected the tax or the customer, then refund the remaining balance to the customer.

Mandates that any credited amount not refunded to the customer must be paid directly by the person who collected the tax to the customer, or the person's credit will be reversed.

Requires the person who collected excess tax reimbursement to make records available for board inspection and verification before any refund is processed.

Applies to overpayments of sales and use taxes under California Revenue and Taxation Code Section 6901.