{"code":"RTC","codeName":"Revenue and Taxation Code","section":"23186","citation":"Rev. & Tax. Code, § 23186","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 11. CORPORATION TAX LAW [23001. - 25141.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-11"},{"name":"CHAPTER 2. The Corporation Franchise Tax [23101. - 23364a.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-11/chapter-2"},{"name":"ARTICLE 3. Tax on Banks and Financial Corporations [23181. - 23188.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-11/chapter-2/article-3"}],"history":"Amended by Stats. 2000, Ch. 862, Sec. 55.   Effective January 1, 2001.","effective":"2001-01-01","html":"<p>For taxable years ending on or after December 31, 1995, the rate of tax on banks and financial corporations shall be the rate of tax specified in Section <a href=\"/rtc/23151\">23151</a>, plus 2 percent.</p>","text":"For taxable years ending on or after December 31, 1995, the rate of tax on banks and financial corporations shall be the rate of tax specified in Section 23151, plus 2 percent.","otherVersions":[],"url":"https://blackletter.si/revenue-and-taxation-code/tax-on-banks-and-financial-corporations-23186","source":"California Legislative Information bulk export (pubinfo)"}