California Revenue and Taxation Code

§ 55086

RTC § 55086 Effective Jan 1, 1993Div. 2 · Part 30 · Ch. 3 · Art. 3

Statute text

All amounts determined to be due by the board under Article 2 (commencing with Section 55061) are due and payable at the time they become final, and if not paid when due and payable, a penalty of 10 percent of the amount determined to be due shall be added to the amount due and payable.

Legislative history

Added by Stats. 1992, Ch. 407, Sec. 1. Effective January 1, 1993.