Cal. Rev. & Tax. Code § 12635

Current through the 2023 Legislative Session.
Section 12635 - Penalty if deficiency due to fraud

If any part of a deficiency for which a deficiency assessment is made is due to fraud, a penalty of 25 percent of the amount of the deficiency assessment in addition to any other penalties shall be added thereto.

Ca. Rev. and Tax. Code § 12635

Added by Stats. 1961, Ch. 740.