California Revenue and Taxation Code ARTICLE 2 - Interest and Penalties

• Section 16760.
  If the tax is not paid before it becomes delinquent, it bears interest thereafter and until it is paid at the same rate per annum...
• Section 16761.
  Every payment on the tax imposed by this part is applied, first, to any interest due on the tax, and then, if there is any...

Last modified: October 22, 2018