{"code":"RTC","codeName":"Revenue and Taxation Code","section":"12412","citation":"Rev. & Tax. Code, § 12412","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 2. OTHER TAXES [6001. - 61050.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2"},{"name":"PART 7. INSURANCE TAXATION [12001. - 13170.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-7"},{"name":"CHAPTER 4. Assessment and Effect of Tax [12301. - 12495.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-7/chapter-4"},{"name":"ARTICLE 2. Initial Assessments [12411. - 12414.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-7/chapter-4/article-2"}],"history":"Repealed (in Sec. 48) and added by Stats. 2013, Ch. 33, Sec. 49.   (SB 78)   Effective June 27, 2013.   Section operative July 1, 2013, by its own provisions.","effective":"2013-06-27","html":"<p>(a) Upon receipt of the duplicate copy of the return of an insurer the board shall initially assess the tax in accordance with the data as reported by the insurer on the return.</p><p>(b) This section shall become operative on July 1, 2013. </p>","text":"(a) Upon receipt of the duplicate copy of the return of an insurer the board shall initially assess the tax in accordance with the data as reported by the insurer on the return. (b) This section shall become operative on July 1, 2013.","otherVersions":[],"url":"https://blackletter.si/revenue-and-taxation-code/initial-assessments-12412","source":"California Legislative Information bulk export (pubinfo)"}