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2017 California Code
Revenue and Taxation Code - RTC
DIVISION 2 - OTHER TAXES
PART 10.2 - ADMINISTRATION OF FRANCHISE AND INCOME TAX LAWS
CHAPTER 4 - Payments and Assessments
ARTICLE 7 - Penalties and Additions to Tax
Section 19136.7.
Universal Citation:
CA Rev & Tax Code § 19136.7 (2017)
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19136.7.
(a) No additions to tax shall be made under Section 19136 or 19142 with respect to any underpayment of an installment for a taxable year, to the extent that the underpayment was created or increased as the direct result of an erroneous levy, erroneous processing action, or erroneous collection action by the Franchise Tax Board.
(b) The Franchise Tax Board shall implement this section in a reasonable manner.
(Added by Stats. 2005, Ch. 349, Sec. 3. Effective January 1, 2006.)
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