As soon as practicable after the return is filed, the Franchise Tax Board shall examine it and shall determine the correct amount of the tax.
Cal. Rev. & Tax. Code § 19032
Deficiency Assessments
Applied in 1 court decision — leading case DICON FIBEROPTICS, INC. v. Franchise Tax Bd. (2009)
Most recently applied in DICON FIBEROPTICS, INC. v. Franchise Tax Bd. (May 2009)
Added by Stats. 1993, Ch. 31, Sec. 26
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.