ARTICLE 2. Initial Assessments [12411. - 12414.]

Article 2 repealed (comm. with Section 12431) and added by Stats. 1961, Ch. 740.

§§ 12411–12414 · 4 sections

• § 12411 A duplicate copy of each tax return received by the commissioner shall be promptly forwarded to the board.
• § 12412 (a) Upon receipt of the duplicate copy of the return of an insurer the board shall initially assess the tax in accordance with the data as reported by the…
• § 12413 (a) The board shall promptly transmit notice of its initial assessment to the commissioner and the Controller, and if the initial assessment differs from the…
• § 12414 In making an initial assessment the board may offset an overpayment for one calendar year against an underpayment for another calendar year, against penalties,…