California Revenue and Taxation Code ARTICLE 4 - Penalties and Interest

• Section 19772.
  (a) Section 6707A of the Internal Revenue Code, relating to penalty for failure to include reportable transaction information with a return, shall apply, except as otherwise...
• Section 19774.
  (a) If a taxpayer has a noneconomic substance transaction understatement for any taxable year, there shall be added to the tax an amount equal to 40...
• Section 19777.
  (a) If a taxpayer has been contacted by the Franchise Tax Board regarding an abusive tax avoidance transaction, and has a deficiency attributable to an abusive...
• Section 19777.5.
  (a) There shall be added to the tax for each taxable year for which amnesty could have been requested:(1) For amounts that are due and payable on...
• Section 19778.
  For any amended return filed after April 15, 2004, and before the taxpayer is contacted by the Internal Revenue Service or the Franchise Tax Board...

Last modified: October 22, 2018