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Business Taxes Law Guide—Revision 2024

Tax on Insurers Law

Revenue and Taxation Code

Division 2. Other Taxes
Part 7. Insurance Taxation

Chapter 4. Assessment and Effect of Tax*

Article 2. Initial Assessments

Section 12412


12412. Initial assessment of tax. [Repealed by Stats. 2013. Ch. 33 (SB 78) in effect June 27, 2013.]


12412. Initial assessment of tax. [Repealed by Stats. 2013, Ch. 33 (SB 78), effective January 1, 2015.]


12412. Initial assessment of tax. (a) Upon receipt of the duplicate copy of the return of an insurer the board shall initially assess the tax in accordance with the data as reported by the insurer on the return.

(b) This section shall become operative on July 1, 2013.

History—Added by Stats. 2013, Ch. 33 (SB 78), in effect June 27, 2013, but operative July 1, 2013.


* Stats. 1961, p. 1984, operative January 1, 1962, amended the title of Chapter 4 by substituting "Effect of Tax" for "Levy".