California Revenue and Taxation Code

§ 19763

RTC § 19763 Effective Mar 24, 2011Div. 2 · Part 10.2 · Ch. 9.5 · Art. 3

Statute text

(a)This article does not apply to violations of this part for which, as of July 31, 2011, any of the following applies:

(1)A criminal complaint was filed against the taxpayer in connection with an abusive tax avoidance transaction, transactions, or unreported income from the use of an offshore financial arrangement or arrangements.

(2)The taxpayer is the subject of a criminal investigation in connection with an abusive tax avoidance transaction, transactions, or unreported income from the use of an offshore financial arrangement or arrangements.

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Legislative history

Added by Stats. 2011, Ch. 14, Sec. 21. (SB 86) Effective March 24, 2011.