In the case of a Medi-Cal managed care plan, the basis of the tax is, in respect to each year, total operating revenue.
Cal. Rev. & Tax. Code § 12240
Basis of Tax for Medi-Cal Managed Care Plans
Added by Stats. 2013, Ch. 33, Sec. 10
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.