California Revenue and Taxation Code

§ 50156.18

RTC § 50156.18 Effective Jan 1, 2023Div. 2 · Part 26 · Ch. 6 · Art. 2

Statute text

(a)Beginning January 1, 2003, the director the department, or their delegates, may compromise any final fee liability.

(b)For purposes of this section, “a final fee liability” means any final fee liability arising under Part 26 (commencing with Section 50101), or related interest, additions to the fee, penalties, or other amounts assessed under this part.

(c)(1) Offers in compromise shall be considered only for liabilities that were generated from a business that has been discontinued or transferred, where the feepayer making the offer no longer has a controlling interest or association with the transferred business or has a controlling interest or association with a similar type of business as the transferred or discontinued business.

…

Legislative history

Amended (as amended by Stats. 2017, Ch. 272, Sec. 13) by Stats. 2022, Ch. 474, Sec. 97. (SB 1496) Effective January 1, 2023. Repealed as of January 1, 2028, by its own provisions. See later operative version, as amended by Sec. 98 of Stats. 2022, Ch. 474.