Section 32432.5 - [Effective Until 1/1/2025] No interest imposed if liable person in no way caused erroneous refund(a) Notwithstanding any other provision of this part, if the board finds that neither the person liable for payment of tax nor any party related to that person has in any way caused an erroneous refund for which an action for recovery is provided under Section 32431, no interest shall be imposed on the amount of that erroneous refund until 30 days after the date on which the board mails a notice of determination for repayment of the erroneous refund to the person. The act of filing a claim for refund shall not be considered as causing the erroneous refund.(b) This section shall be operative for any action for recovery under Section 32431 on or after January 1, 2000.Ca. Rev. and Tax. Code § 32432.5
Renumbered from Ca. Rev. and Tax. Code § 32432 and amended by Stats 2015 ch 303 (AB 731),s 499, eff. 1/1/2016.EFFECTIVE 1/1/2000. Added October 10, 1999 (Bill Number: AB 1638) (Chapter 929).This section is set out more than once due to postponed, multiple, or conflicting amendments.