§ 12307
49 words·~1 min read·
/ca/revenue-and-taxation-code/12307A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Any insurer that is granted an extension shall pay, in addition to the tax, interest at the modified adjusted rate per month, or fraction thereof, established pursuant to Section 6591.5, from April 1 until the date of payment.
(b)This section shall become operative on July 1, 2013.