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DIVISION 2. OTHER TAXES 6001-60709›PART 7. INSURANCE TAXATION 12001-13170›CHAPTER 4. Assessment and Effect of Tax 12301-12495›ARTICLE 2. Initial Assessments 12411-12414

§ 12414

California Revenue and Taxation Code · 2018-11 edition · updated 2026-10-04 · California

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 against any interest on an underpayment.

(Added by Stats. 1961, Ch. 740.)

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▸Contents — California Revenue and Taxation Code
California Revenue and Taxation Code

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