California Revenue and Taxation Code

§ 60312

RTC § 60312 Effective Sep 28, 1994Div. 2 · Part 31 · Ch. 6 · Art. 3

Statute text

If any part of the deficiency for which a deficiency determination is made is due to negligence or intentional disregard of this part or authorized rules and regulations, a penalty of 10 percent of the amount of the determination shall be added thereto.

Legislative history

Added by Stats. 1994, Ch. 912, Sec. 17. Effective September 28, 1994. Operative July 1, 1995, by Sec. 26 of Ch. 912.