California Revenue and Taxation Code

§ 32407

RTC § 32407Div. 2 · Part 14 · Ch. 8 · Art. 1

Statute text

(a)The State Board of Equalization shall refund without interest to the licensee the amount of the tax imposed under this part with respect to the alcoholic beverages and which has been paid by the licensee as part of his purchase price of the alcoholic beverages, when such beverages were lost, rendered unmarketable, or condemned by a duly authorized official by reason of:

(1)Fire, flood, casualty, or other disaster, or

(2)Breakage, destruction, or other damage (but not including theft) resulting from vandalism, malicious mischief, or insurrection if such disaster or damage occurred in this state and if such beverages were held and intended for sale at the time of such disaster or other damage. The payments provided for in this section shall be made to the person holding such beverages for sale at the time of such disaster or other damage.

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Legislative history

Added by Stats. 1979, Ch. 633.