§ 8508
40 words·~1 min read·
/ca/revenue-and-taxation-code/8508A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
After deducting its cost of administering the tax, the State Board of Equalization shall periodically transmit the net revenues to the commission as promptly as possible. Transmittal of those revenues shall be made at least twice in each calendar quarter.