Statute · California Revenue and Taxation Code

Cal. Rev. & Tax. Code § 12984 — Refund or Credit for Collected Taxes

Cal. Rev. & Tax. Code § 12984

Type: Statute
Source: California Revenue and Taxation Code
Jurisdiction: California
Date: 2013-06-27
Current through: Nov 2, 2026 (California Legislative Counsel)

(a) If the board determines that any overpayment has been made intentionally or made not incident to a bona fide and orderly discharge of a liability reasonably assumed by the insurer or surplus line broker to be imposed by law, no interest shall be allowed on the overpayment.

Citator

Cal. Rev. & Tax. Code § 12984 — Refund or Credit for Collected Taxes is in force in the current edition of the Code, and nothing recorded condemns it.

(b) If any insurer or surplus line broker which has filed a claim for refund requests the board to defer action on its claim, the board, as a condition to deferring action, may require the claimant to waive interest for the period during which the insurer or surplus line broker requests the board to defer action on the claim.