(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.
Cal. Rev. & Tax. Code § 12412
Initial Assessments
Repealed (in Sec. 48) and added by Stats. 2013, Ch. 33, Sec. 49
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.