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 ↗

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.