1. (a) Except in the case of a false or fraudulent return and except as otherwise expressly provided in Part 10.2, no penalty shall be assessed or collected with respect to the year for which the return was filed unless the notice of tax return change or statement of tax due is mailed within four years after the return was filed.

Note: Authority cited: Section 61030, Revenue and Taxation Code. Reference: Section 61025, Revenue and Taxation Code.

History

1. New section filed 12-17-2020; operative 12-17-2020. Submitted to OAL for filing and printing only pursuant to Revenue and Taxation Code section 61030(c) (Register 2020, No. 51).