California Revenue and Taxation Code 19607 – All moneys and remittances received by the Franchise Tax Board as …
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All moneys and remittances received by the Franchise Tax Board as amounts imposed under Sections 17935, 17941, and 17948 and related penalties, additions to tax, interest, and other related amounts imposed under this part, shall be deposited, after clearance of remittances, in the State Treasury and credited to the Corporation Tax Fund.
(Amended by Stats. 2001, Ch. 543, Sec. 17. Effective January 1, 2002.)
Terms Used In California Revenue and Taxation Code 19607
- board: means the California Department of Tax and Fee Administration. See California Revenue and Taxation Code 20
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.