Statute · California Revenue and Taxation Code
Cal. Rev. & Tax. Code § 12414 — Initial Assessments
Cal. Rev. & Tax. Code § 12414
- Type
- Statute
- Source
- California Revenue and Taxation Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
In making an initial assessment the board may offset an overpayment for one calendar year against an underpayment for another calendar year, against penalties, and against any interest on an underpayment.
Citator
Cal. Rev. & Tax. Code § 12414 — Initial Assessments is in force in the current edition of the Code, and nothing recorded condemns it.
In making an initial assessment the board may offset an overpayment for one calendar year against an underpayment for another calendar year, against penalties, and against any interest on an underpayment.