BlackletterCalifornia law

Revenue and Taxation Code § 504

ARTICLE 3. Arbitrary and Penal Assessments

Current as of September 28, 2026Rev. & Tax. Code, § 504Official source ↗

Amended by Stats. 1996, Ch. 1087, Sec. 22. Effective January 1, 1997.

There shall be added to any assessment made pursuant to Section 502, except those assessments as are placed on the current roll prior to the time it is originally completed and published, a penalty of 25 percent of the additional assessed value so assessed.