California Revenue and Taxation Code 12636.5 – (a) Every payment on an insurer’s or surplus line broker’s …
Current as of: 2024 | Check for updates
|
Other versions
(a) Every payment on an insurer‘s or surplus line broker’s delinquent annual tax shall be applied as follows:
(1) First, to any interest due on the tax.
Terms Used In California Revenue and Taxation Code 12636.5
- Insurer: as used in this part includes each of the following:
California Revenue and Taxation Code 12003
(2) Second, to any penalty imposed by this part.
(3) The balance, if any, to the tax itself.
(b) This section shall become operative on July 1, 2013.
(Repealed (in Sec. 105) and added by Stats. 2013, Ch. 33, Sec. 106. (SB 78) Effective June 27, 2013. Section operative July 1, 2013, by its own provisions.)