Section 12412 - Initial assessment(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 reported by the insurer on the return.(b) This section shall become operative on July 1, 2013.Ca. Rev. and Tax. Code § 12412
Added by Stats 2013 ch 33 (SB 78),s 49, eff. 6/27/2013.