Tax Amnesty (California)
This is information taken from the FTB website dealing with their 2005 tax amnesty program.
WHAT IS TAX AMNESTY? |
If you are an eligible individual or business taxpayer, California’s 2005 tax amnesty program offers you a window of opportunity. Pay your past-due income, franchise, sales or use tax and you won’t have to pay most penalties and fees or fear prosecution. | ||
|
||
|
||
|
||
|
||
|
||
|
- Accuracy related penalty changes
Accuracy Related Penalty Changes (R&TC Section 19164) |
Description
Amount We may impose the 40% penalty on the underpayment of tax caused by:
When the increased penalty does not apply
Effective date
|
Tax Amnesty: Amnesty penalty R&TC 19777.5 |
Updated – December 14, 2004 Description
Amount
When this penalty does not apply
No right to protest or claim a refund
Effective date
|