DIVISION 2. OTHER TAXES 6001-61050›PART 9.5. GENERATION SKIPPING TRANSFER TAX 16700-16950›CHAPTER 3. Payment of Tax 16750-16761›ARTICLE 2. Interest and Penalties 16760-16761

§ 16761

California Revenue and Taxation Code · 2026-09 edition · updated 2026-10-03 · California

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 balance, to the tax itself.

(Added by Stats. 1977, Ch. 1079.)

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California Revenue and Taxation Code

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