Statute · California Revenue and Taxation Code
Cal. Rev. & Tax. Code § 12633 — Interest and Penalties
Cal. Rev. & Tax. Code § 12633
- Type
- Statute
- Source
- California Revenue and Taxation Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
When a deficiency assessment is made on the basis of a proposal submitted by the commissioner pursuant to Section 12423 a penalty of 10 percent of the amount of the deficiency assessment shall be added thereto.
Citator
Cal. Rev. & Tax. Code § 12633 — Interest and Penalties is in force in the current edition of the Code, and nothing recorded condemns it.
When a deficiency assessment is made on the basis of a proposal submitted by the commissioner pursuant to Section 12423 a penalty of 10 percent of the amount of the deficiency assessment shall be added thereto.