California Revenue and Taxation Code

§ 7373

RTC § 7373 Effective Oct 2, 2001Div. 2 · Part 2 · Ch. 2

Statute text

(a)For the purpose of the proper administration of this part and to prevent evasion of the tax, unless the contrary is established, it shall be presumed that all motor vehicle fuel received at a terminal in this state, imported into this state, or refined and placed into storage for removal at a refinery in this state or blended motor vehicle fuel blended or converted in this state and no longer in the possession of the supplier has been removed or sold by the supplier.

(b)The presumption shall not apply if the supplier proves to the satisfaction of the board that both:

(1)The supplier has exercised ordinary care in entrusting control or possession of the motor vehicle fuel to another person.

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Legislative history

Added by Stats. 2001, Ch. 429, Sec. 21. Effective October 2, 2001. Operative January 1, 2002, by Sec. 78 of Ch. 429.