Cal. Rev. & Tax. Code § 19181

Current through the 2023 Legislative Session.

Section 19181 - Penalty for failing to meet requirements relating to original issue discount reporting requirements

A penalty shall be imposed for failing to meet the requirements of Section 18649, relating to original issue discount reporting requirements with respect to any person subject to tax under Part 10 (commencing with Section 17001) or Part 11 (commencing with Section 23001). The penalty shall be determined in accordance with Section 6706 of the Internal Revenue Code.

Ca. Rev. and Tax. Code § 19181

Added by Stats. 1993, Ch. 31, Sec. 26. Effective June 16, 1993. Operative January 1, 1994, by Sec. 83 of Ch. 31.