California Revenue and Taxation Code

§ 6487.06

RTC § 6487.06 Effective Jan 1, 2025Div. 2 · Part 1 · Ch. 5 · Art. 2

Statute text

(a)Notwithstanding Section 6487, the period during which a deficiency determination may be served to a qualifying purchaser is limited to three years after the last day of the calendar month following the quarterly period for which the amount is proposed to be determined.

(b)For purposes of this section, a “qualifying purchaser” is a person that voluntarily files an individual use tax return for tangible personal property that is purchased from a retailer outside of this state for storage, use, or other consumption in this state, and that meets all of the following conditions:

(1)The purchaser resides or is located within this state and has not previously done any of the following:

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Legislative history

Amended by Stats. 2024, Ch. 499, Sec. 5. (SB 1528) Effective January 1, 2025.