RTC 504
Current as of January 20, 2022 | Updated by California Business Lawyer & Corporate Lawyer
California Code, Revenue and Taxation Code – RTC § 504
§ 504. Amount of penalty
There shall be added to any assessment made pursuant to Section 502 , except those assessments as are placed on the current roll prior to the time it is originally completed and published, a penalty of 25 percent of the additional assessed value so assessed.