California Revenue and Taxation Code

§ 7672

RTC § 7672 Effective Jan 1, 2001Div. 2 · Part 2 · Ch. 5 · Art. 4

Statute text

If any part of the deficiency for which a deficiency determination is made is due to neglect 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

Repealed and added by Stats. 2000, Ch. 1053, Sec. 12. Effective January 1, 2001. Operative January 1, 2002, by Sec. 53 of Ch. 1053.