Section 19136.7 - No addition to tax Under Section 19136 or 19142 with respect to underpayment of installment for taxable year involving erroneous action(a) No additions to tax shall be made under Section 19136 or 19142 with respect to any underpayment of an installment for a taxable year, to the extent that the underpayment was created or increased as the direct result of an erroneous levy, erroneous processing action, or erroneous collection action by the Franchise Tax Board. (b) The Franchise Tax Board shall implement this section in a reasonable manner. Ca. Rev. and Tax. Code § 19136.7
Added by Stats 2005 ch 349 (AB 1767),s 3, eff. 1/1/2006.