California Legal Codes and Statutes

§ 12635

Added by Stats. 1961, Ch. 740.

If any part of a deficiency for which a deficiency assessment is made is due to fraud, a penalty of 25 percent of the amount of the deficiency assessment in addition to any other penalties shall be added thereto.

Cite this section

Cal. Rev. & Tax. Code § 12635 (2026)
https://ca.codecond.com/codes/rtc/division-2-other-taxes/part-7-insurance-taxation/chapter-5-payment-and-collection/article-2-interest-and-penalties/section-12635

Other sections in Article 2 - Interest and Penalties

§ 12631§ 12631.5§ 12632§ 12633§ 12634§ 12635§ 12636§ 12636.5§ 12637

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