California Revenue and Taxation Code

§ 19132

RTC § 19132 Effective Aug 20, 1998Div. 2 · Part 10.2 · Ch. 4 · Art. 7

Statute text

(a)(1) Unless it is shown that the failure is due to reasonable cause and not due to willful neglect, a penalty computed in accordance with paragraph (2) is hereby imposed in the case of failure to pay any of the following:

(A)The amount shown as tax on any return on or before the date prescribed for payment of that tax determined with regard to any extension of time for payment.

(B)Any amount in respect of any tax required to be shown on a return which is not so shown including an assessment made pursuant to Section 19051 within 15 days of the date of the notice and demand therefor.

…

Legislative history

Amended by Stats. 1998, Ch. 322, Sec. 50. Effective August 20, 1998.