California Revenue and Taxation Code

§ 7060

RTC § 7060 Effective Jan 1, 1993Div. 2 · Part 1 · Ch. 8 · Art. 1

Statute text

(a)The board, under regulations prescribed by the board, may establish a reward program for information resulting in the identification of underreported or unreported taxes due under this part. Any reward may not exceed 10 percent of the taxes collected as a result of the information provided. Any person employed by or under contract with any state or federal tax collection agency shall not be eligible for a reward provided pursuant to this section.

(b)Within 212 years of the effective date of the act adding this subdivision or within 212 years of the commencement of a program pursuant to subdivision (a), whichever is later, the board shall report to the Legislature on all of the following:

(1)The number of informant letters and telephone calls received during the 2-year period following the effective date of the act adding this subdivision or following the commencement of a program pursuant to subdivision (a), whichever is later.

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Legislative history

Amended by Stats. 1992, Ch. 671, Sec. 1. Effective January 1, 1993.