California Revenue and Taxation Code

§ 45304

RTC § 45304 Effective Jan 1, 2007Div. 2 · Part 23 · Ch. 3 · Art. 3

Statute text

The board may decrease or increase the amount of the determination before it becomes final, but the amount may be increased only if a claim for the increase is asserted by the board at or before the hearing. Unless the 25-percent penalty imposed by subdivision (c) of Section 45201 applies to the amount of the determination as originally made or as increased, the claim for increase shall be asserted within eight years after the date the amount of fee for the period for which the increase is asserted was due.

Legislative history

Amended by Stats. 2006, Ch. 538, Sec. 632. Effective January 1, 2007.