California Revenue and Taxation Code

§ 7093.6

RTC § 7093.6 Effective Jan 1, 2023Div. 2 · Part 1 · Ch. 8 · Art. 3

Statute text

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

(b)For purposes of this section, “a final tax liability” means any final tax liability arising under Part 1 (commencing with Section 6001), Part 1.5 (commencing with Section 7200), Part 1.6 (commencing with Section 7251), and Part 1.7 (commencing with Section 7280) or related interest, additions to tax, 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 taxpayer 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.

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Legislative history

Amended (as amended by Stats. 2017, Ch. 272, Sec. 1) by Stats. 2022, Ch. 474, Sec. 10. (SB 1496) Effective January 1, 2023. Repealed as of January 1, 2028, by its own provisions. See later operative version, as amended by Sec. 11 of Stats. 2022, Ch. 474.