Cal. Rev. & Tax. Code § 60312

Current through the 2023 Legislative Session.

Section 60312 - Penalty for negligence or intentional disregard

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.

Ca. Rev. and Tax. Code § 60312

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