BlackletterCalifornia law

Revenue and Taxation Code § 12633

ARTICLE 2. Interest and Penalties

Current as of September 28, 2026Rev. & Tax. Code, § 12633Official source ↗

Added by Stats. 1961, Ch. 740.

When a deficiency assessment is made on the basis of a proposal submitted by the commissioner pursuant to Section 12423 a penalty of 10 percent of the amount of the deficiency assessment shall be added thereto.