California Revenue and Taxation Code

§ 7673

RTC § 7673 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 fraud or an intent to evade the tax, a penalty of 25 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Repealed and added by Stats. 2000, Ch. 1053, Sec. 12.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.