California Legal Codes and Statutes

§ 12414

Added by Stats. 1961, Ch. 740.

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.

Cite this section

Cal. Rev. & Tax. Code § 12414 (2026)
https://ca.codecond.com/codes/rtc/division-2-other-taxes/part-7-insurance-taxation/chapter-4-assessment-and-effect-of-tax/article-2-initial-assessments/section-12414

Other sections in Article 2 - Initial Assessments

§ 12411§ 12412§ 12413§ 12414

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