Statute · California Revenue and Taxation Code
Cal. Rev. & Tax. Code § 12426 — Deficiency Assessments
Cal. Rev. & Tax. Code § 12426
- Type
- Statute
- Source
- California Revenue and Taxation Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
In making a deficiency 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 § 12426 — Deficiency Assessments is in force in the current edition of the Code, and nothing recorded condemns it.
In making a deficiency 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.