Revenue and Taxation Code § 12635

ARTICLE 2. Interest and Penalties

Current as of September 28, 2026Rev. & Tax. Code, § 12635Official source ↗

Added by Stats. 1961, Ch. 740.

If any part of a deficiency for which a deficiency assessment is made is due to fraud, a penalty of 25 percent of the amount of the deficiency assessment in addition to any other penalties shall be added thereto.