California Revenue and Taxation Code ARTICLE 2 - Initial Assessments

• Section 12411.
  A duplicate copy of each tax return received by the commissioner shall be promptly forwarded to the board.(Added by Stats. 1961, Ch. 740.)
• Section 12412.
  (a) Upon receipt of the duplicate copy of the return of an insurer the board shall initially assess the tax in accordance with the data as...
• Section 12413.
  (a) The board shall promptly transmit notice of its initial assessment to the commissioner and the Controller, and if the initial assessment differs from the amount...
• Section 12414.
  In making an initial assessment the board may offset an overpayment for one calendar year against an underpayment for another calendar year, against penalties, and...

Last modified: October 22, 2018