Sacramento, Calif. (March 18, 2004) -- The California Franchise Tax Board -- the department that administers the revenue and taxation code for the state -- is sending some 10,000 letters to tax shelter promoters advising them of a state law that requires them to turn over their client lists to FTB auditors by April 30.

As part of the effort, the organization also sent letters of notification to 125 accounting and law firms as well as other businesses that may have promoted abusive tax shelters.

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