Statute · California Revenue and Taxation Code
Cal. Rev. & Tax. Code § 13550 — Interest
Cal. Rev. & Tax. Code § 13550
- Type
- Statute
- Source
- California Revenue and Taxation Code
- Jurisdiction
- California
- Date
- 2000-09-08
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) The tax imposed by this part does not bear interest if it is paid prior to the date on which it otherwise becomes delinquent. However, if the tax is paid after that date, the tax bears interest at the rate for underpayment of estate tax provided in Section 6621(a)(2) of the Internal Revenue…
Citator
Cal. Rev. & Tax. Code § 13550 — Interest is in force in the current edition of the Code, and nothing recorded condemns it.
(a) The tax imposed by this part does not bear interest if it is paid prior to the date on which it otherwise becomes delinquent. However, if the tax is paid after that date, the tax bears interest at the rate for underpayment of estate tax provided in Section 6621(a)(2) of the Internal Revenue Code from the date it became delinquent and until it is paid. Interest under this section shall be compounded daily.
(b) The amendments made by Chapter 323 of the Statutes of 1998 shall apply to delinquent amounts unpaid on or after January 1, 1999, to December 31, 2000, inclusive.