Revenue and Taxation Code § 12240

ARTICLE 4. Basis of Tax for Medi-Cal Managed Care Plans

Current as of September 28, 2026Rev. & Tax. Code, § 12240Official source ↗Ask about this

Added by Stats. 2013, Ch. 33, Sec. 10. (SB 78) Effective June 27, 2013. Section operative as of July 1, 2012, pursuant to Section 12242.

In the case of a Medi-Cal managed care plan, the basis of the tax is, in respect to each year, total operating revenue.